Morgan Stanley Interview Question
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Interview Question for Sales and Trading at Morgan Stanley:
Oct 9, 2011
mental math: what is 10/0.26?
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by P:
.26 goes into 1 four times, with a debt of .4
So .26 goes into 10 forty times, with a debt of .40
To pay off that debt, you have to give up two of the .26's. So the answer is 38 + a little.
You can find tricks for this sort of thing at arscalcula.com