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  3. Puzzle of the day :ANSWER POSTED

Puzzle of the day :ANSWER POSTED

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  • R Raj Lal

    Now assume you're so brilliant that you get job offers usually reserved for the Mensa guys which is the 98th percentile of the current population taking the test and you've got two offers on hand. One pays $ 180,000 per year with an annual increment raise of $ 20,000 while the other also pays the basic $ 180,000 per year with a guaranteed $5,000 raise every six months. you have 30 seconds to decide Which one should you take if you're not actually a schmuck deep down? -- modified at 17:31 Tuesday 16th January, 2007 Omit Needless Words - Strunk, William, Jr. JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutesWeb based project tracking -- modified at 19:34 Tuesday 16th January, 2007

    B Offline
    B Offline
    brianwelsch
    wrote on last edited by
    #8

    Quartz... wrote:

    Which one should you take if you're not actually a schmuck deep down?

    Considering both make great money, I'd take the one that's more interesting to me.

    BW


    Quick to judge, quick to anger, slow to understand.
    Ignorance and prejudice and fear walk hand in hand.
    -- Neil Peart

    R 1 Reply Last reply
    0
    • N Nish Nishant

      So? Whose answer wins the Zune?

      Regards, Nish


      Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
      Currently working on C++/CLI in Action for Manning Publications. (*Sample chapter available online*)

      R Offline
      R Offline
      Raj Lal
      wrote on last edited by
      #9

      nobody yet there is no if condition in the answer

      Omit Needless Words - Strunk, William, Jr.


      JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
      Web based project tracking

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      • R Raj Lal

        Now assume you're so brilliant that you get job offers usually reserved for the Mensa guys which is the 98th percentile of the current population taking the test and you've got two offers on hand. One pays $ 180,000 per year with an annual increment raise of $ 20,000 while the other also pays the basic $ 180,000 per year with a guaranteed $5,000 raise every six months. you have 30 seconds to decide Which one should you take if you're not actually a schmuck deep down? -- modified at 17:31 Tuesday 16th January, 2007 Omit Needless Words - Strunk, William, Jr. JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutesWeb based project tracking -- modified at 19:34 Tuesday 16th January, 2007

        D Offline
        D Offline
        David Crow
        wrote on last edited by
        #10

        Quartz... wrote:

        ...the Mensa guys which is the 98th percentile of the current population...

        This could be interpreted in (two) different ways.


        "Approved Workmen Are Not Ashamed" - 2 Timothy 2:15

        "Judge not by the eye but by the heart." - Native American Proverb

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        • R Raj Lal

          Now assume you're so brilliant that you get job offers usually reserved for the Mensa guys which is the 98th percentile of the current population taking the test and you've got two offers on hand. One pays $ 180,000 per year with an annual increment raise of $ 20,000 while the other also pays the basic $ 180,000 per year with a guaranteed $5,000 raise every six months. you have 30 seconds to decide Which one should you take if you're not actually a schmuck deep down? -- modified at 17:31 Tuesday 16th January, 2007 Omit Needless Words - Strunk, William, Jr. JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutesWeb based project tracking -- modified at 19:34 Tuesday 16th January, 2007

          R Offline
          R Offline
          Raj Lal
          wrote on last edited by
          #11

          It is my opinion that the failure to see the obvious is weighted heavily by those making honest mistakes, often through ignorance, with only a few people intentionally making misleading assertions. However, it is also my opinion that many of those making honest mistakes know better. But they are lazy. don't ask me to explain the hint

          Omit Needless Words - Strunk, William, Jr.


          JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
          Web based project tracking

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          • D David Crow

            Quartz... wrote:

            ...the Mensa guys which is the 98th percentile of the current population...

            This could be interpreted in (two) different ways.


            "Approved Workmen Are Not Ashamed" - 2 Timothy 2:15

            "Judge not by the eye but by the heart." - Native American Proverb

            R Offline
            R Offline
            Raj Lal
            wrote on last edited by
            #12

            you won't ask if you agree with the first assumption

            Omit Needless Words - Strunk, William, Jr.


            JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
            Web based project tracking

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            • B brianwelsch

              Quartz... wrote:

              Which one should you take if you're not actually a schmuck deep down?

              Considering both make great money, I'd take the one that's more interesting to me.

              BW


              Quick to judge, quick to anger, slow to understand.
              Ignorance and prejudice and fear walk hand in hand.
              -- Neil Peart

              R Offline
              R Offline
              Raj Lal
              wrote on last edited by
              #13

              brianwelsch wrote:

              I'd take the one that's more interesting to me.

              and that is ?

              Omit Needless Words - Strunk, William, Jr.


              JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
              Web based project tracking

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              • R Raj Lal

                you won't ask if you agree with the first assumption

                Omit Needless Words - Strunk, William, Jr.


                JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
                Web based project tracking

                D Offline
                D Offline
                David Crow
                wrote on last edited by
                #14

                I fail to see your correlation. I was simply making the observation that folks belonging to Mensa are not "the 98th percentile of the current population." Worded correctly, members must score in the 98th percentile on standardized IQ tests. There's a big difference in what you wrote vs. what you meant.


                "Approved Workmen Are Not Ashamed" - 2 Timothy 2:15

                "Judge not by the eye but by the heart." - Native American Proverb

                R 1 Reply Last reply
                0
                • D David Crow

                  I fail to see your correlation. I was simply making the observation that folks belonging to Mensa are not "the 98th percentile of the current population." Worded correctly, members must score in the 98th percentile on standardized IQ tests. There's a big difference in what you wrote vs. what you meant.


                  "Approved Workmen Are Not Ashamed" - 2 Timothy 2:15

                  "Judge not by the eye but by the heart." - Native American Proverb

                  R Offline
                  R Offline
                  Raj Lal
                  wrote on last edited by
                  #15

                  DavidCrow wrote:

                  I fail to see your correlation

                  Was kidding , there is none current population, my bad , i meant the population giving the mensa test

                  Omit Needless Words - Strunk, William, Jr.


                  JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
                  Web based project tracking

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                  • R Raj Lal

                    Now assume you're so brilliant that you get job offers usually reserved for the Mensa guys which is the 98th percentile of the current population taking the test and you've got two offers on hand. One pays $ 180,000 per year with an annual increment raise of $ 20,000 while the other also pays the basic $ 180,000 per year with a guaranteed $5,000 raise every six months. you have 30 seconds to decide Which one should you take if you're not actually a schmuck deep down? -- modified at 17:31 Tuesday 16th January, 2007 Omit Needless Words - Strunk, William, Jr. JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutesWeb based project tracking -- modified at 19:34 Tuesday 16th January, 2007

                    J Offline
                    J Offline
                    JBurkey
                    wrote on last edited by
                    #16

                    How about neither of them? Being so "brilliant", I can get a higher paying job, if that's what's really important. However, if I'm not "actuall a shmuck deep down", then maybe I don't care about the money, so long as I'm doing well enough and living in a place that I like. Perhaps I'll be a university professor doing research for far less than 180,000.

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                    • R Raj Lal

                      Now assume you're so brilliant that you get job offers usually reserved for the Mensa guys which is the 98th percentile of the current population taking the test and you've got two offers on hand. One pays $ 180,000 per year with an annual increment raise of $ 20,000 while the other also pays the basic $ 180,000 per year with a guaranteed $5,000 raise every six months. you have 30 seconds to decide Which one should you take if you're not actually a schmuck deep down? -- modified at 17:31 Tuesday 16th January, 2007 Omit Needless Words - Strunk, William, Jr. JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutesWeb based project tracking -- modified at 19:34 Tuesday 16th January, 2007

                      T Offline
                      T Offline
                      Todd Smith
                      wrote on last edited by
                      #17

                      Take them both. Did I just write that? :doh: Take both of them.

                      Todd Smith

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                      • R Raj Lal

                        Now assume you're so brilliant that you get job offers usually reserved for the Mensa guys which is the 98th percentile of the current population taking the test and you've got two offers on hand. One pays $ 180,000 per year with an annual increment raise of $ 20,000 while the other also pays the basic $ 180,000 per year with a guaranteed $5,000 raise every six months. you have 30 seconds to decide Which one should you take if you're not actually a schmuck deep down? -- modified at 17:31 Tuesday 16th January, 2007 Omit Needless Words - Strunk, William, Jr. JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutesWeb based project tracking -- modified at 19:34 Tuesday 16th January, 2007

                        M Offline
                        M Offline
                        Member 96
                        wrote on last edited by
                        #18

                        Are you making a statement of some kind here? I fail to see the "puzzle" aspect of this.

                        R 2 Replies Last reply
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                        • M Member 96

                          Are you making a statement of some kind here? I fail to see the "puzzle" aspect of this.

                          R Offline
                          R Offline
                          Raj Lal
                          wrote on last edited by
                          #19

                          Its a very simple objective question , and in a way its a real puzzle because, a lot of companies that trick you into a scam like that. you need to think hard before choosing your answer

                          Omit Needless Words - Strunk, William, Jr.


                          JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
                          Web based project tracking

                          M 1 Reply Last reply
                          0
                          • R Raj Lal

                            Its a very simple objective question , and in a way its a real puzzle because, a lot of companies that trick you into a scam like that. you need to think hard before choosing your answer

                            Omit Needless Words - Strunk, William, Jr.


                            JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
                            Web based project tracking

                            M Offline
                            M Offline
                            Member 96
                            wrote on last edited by
                            #20

                            Well I must be missing something here; clearly the first choice pays the most money over the long term, however the second choice pays the most money over the first 12 month period which could be a factor if you do not remain employed for the first full year. No puzzle there at all that I can see.

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                            • M Member 96

                              Well I must be missing something here; clearly the first choice pays the most money over the long term, however the second choice pays the most money over the first 12 month period which could be a factor if you do not remain employed for the first full year. No puzzle there at all that I can see.

                              W Offline
                              W Offline
                              Wags
                              wrote on last edited by
                              #21

                              I'm sure it's meant to be a serious puzzle but it still doesn't make sense to me. Faulty reasoning? :confused: http://www.cut-the-knot.org/arithmetic/Kline-Loyd.shtml[^] Perhaps Quartz could explain in his own words.:suss:

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                              • W Wags

                                I'm sure it's meant to be a serious puzzle but it still doesn't make sense to me. Faulty reasoning? :confused: http://www.cut-the-knot.org/arithmetic/Kline-Loyd.shtml[^] Perhaps Quartz could explain in his own words.:suss:

                                M Offline
                                M Offline
                                Maksym Petrenko
                                wrote on last edited by
                                #22

                                Huh, I think I see the difference. For some reason they assume that every six month your six-month salary will be raised by 50, which sums up to 100 rise/year instead of just 50/year as you might think if you rise your annual salary by 50 as it should be from the text :~

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                                • R Raj Lal

                                  Now assume you're so brilliant that you get job offers usually reserved for the Mensa guys which is the 98th percentile of the current population taking the test and you've got two offers on hand. One pays $ 180,000 per year with an annual increment raise of $ 20,000 while the other also pays the basic $ 180,000 per year with a guaranteed $5,000 raise every six months. you have 30 seconds to decide Which one should you take if you're not actually a schmuck deep down? -- modified at 17:31 Tuesday 16th January, 2007 Omit Needless Words - Strunk, William, Jr. JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutesWeb based project tracking -- modified at 19:34 Tuesday 16th January, 2007

                                  R Offline
                                  R Offline
                                  Raj Lal
                                  wrote on last edited by
                                  #23

                                  Will go for the SECOND JOB for the obvious fact that it pays more at any point of time may it be one year, two year or even more let's see Now it's clear that if one worked for up to six months then both would pay the same – ie, 90,000 in all. But if one worked for six to 12 months then the second job would pay more because from the seventh month it would pay that much extra, adding up to 95,000 for the next six months. But what about subsequently? FOR FIRST JOB (20,000 inc, annualy) First year : would pay 90,000 + 90,000 = 180,000; Second Year : it will pay 100,000 + 100,000 = 200,000; Third year : 110,000 + 110,000 = 220,000. Total = 600,000. Whereas for the SECOND JOB (5000 inc, 6 monthly) First year: It would pay 90,000 + 95,000 = 185,000; Second year: 100,000 + 105,000 = 205,000; Third year: 110,000 + 115,000 = 225,000. Total = 615,000 So what will you go for again ? Beware a lot of companies DO trick people into a scam like that. have a good day !

                                  Omit Needless Words - Strunk, William, Jr.


                                  JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
                                  Web based project tracking

                                  N W 2 Replies Last reply
                                  0
                                  • W Wags

                                    I'm sure it's meant to be a serious puzzle but it still doesn't make sense to me. Faulty reasoning? :confused: http://www.cut-the-knot.org/arithmetic/Kline-Loyd.shtml[^] Perhaps Quartz could explain in his own words.:suss:

                                    R Offline
                                    R Offline
                                    Raj Lal
                                    wrote on last edited by
                                    #24

                                    posted the answer check if that satisfies you

                                    Omit Needless Words - Strunk, William, Jr.


                                    JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
                                    Web based project tracking

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                                    • N Nish Nishant

                                      Quartz... wrote:

                                      One pays $ 180,000 per year with an annual increment raise of $ 20,000 while the other also pays the basic $ 180,000 per year with a guaranteed $5,000 raise every six months.

                                      The first offer's 20K raise is not guaranteed?

                                      Regards, Nish


                                      Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
                                      Currently working on C++/CLI in Action for Manning Publications. (*Sample chapter available online*)

                                      R Offline
                                      R Offline
                                      Raj Lal
                                      wrote on last edited by
                                      #25

                                      check the answer here[^]

                                      Omit Needless Words - Strunk, William, Jr.


                                      JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
                                      Web based project tracking

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                                      • M Member 96

                                        Are you making a statement of some kind here? I fail to see the "puzzle" aspect of this.

                                        R Offline
                                        R Offline
                                        Raj Lal
                                        wrote on last edited by
                                        #26

                                        have posted the solution here[^] see for yourself

                                        Omit Needless Words - Strunk, William, Jr.


                                        JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
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                                        • R Raj Lal

                                          Will go for the SECOND JOB for the obvious fact that it pays more at any point of time may it be one year, two year or even more let's see Now it's clear that if one worked for up to six months then both would pay the same – ie, 90,000 in all. But if one worked for six to 12 months then the second job would pay more because from the seventh month it would pay that much extra, adding up to 95,000 for the next six months. But what about subsequently? FOR FIRST JOB (20,000 inc, annualy) First year : would pay 90,000 + 90,000 = 180,000; Second Year : it will pay 100,000 + 100,000 = 200,000; Third year : 110,000 + 110,000 = 220,000. Total = 600,000. Whereas for the SECOND JOB (5000 inc, 6 monthly) First year: It would pay 90,000 + 95,000 = 185,000; Second year: 100,000 + 105,000 = 205,000; Third year: 110,000 + 115,000 = 225,000. Total = 615,000 So what will you go for again ? Beware a lot of companies DO trick people into a scam like that. have a good day !

                                          Omit Needless Words - Strunk, William, Jr.


                                          JumpyForum:CP Message board | Universal DBA | Ajax Rating | ExplorerTree | | Globalization in 20 minutes
                                          Web based project tracking

                                          N Offline
                                          N Offline
                                          Nish Nishant
                                          wrote on last edited by
                                          #27

                                          First Job : 3 years : 600, 000 - I agree. Second job, your calculations don't seem to be right.

                                          Quartz... wrote:

                                          First year: It would pay 90,000 + 95,000 = 185,000; Second year: 100,000 + 105,000 = 205,000; Third year: 110,000 + 115,000 = 225,000. Total = 615,000

                                          Here's why. The 6 months hike of 5,000 is on the annual salary. So initially his base pay was 180K (90K for 6 months). After 6 months it becomes 185K (92.5K for the next 6 months). Every 6 months, his 6-monthly pay gets increased by 2,500. So here goes :- First year 90 + 92.5 = 182.5K Second year 95 + 97.5 = 192.5K Third Year 100 + 102.5 = 202.5K Total at the end of 3 years :- 575 K So I'd definitely go for Job # 1.

                                          Regards, Nish


                                          Nish’s thoughts on MFC, C++/CLI and .NET (my blog)
                                          Currently working on C++/CLI in Action for Manning Publications. (*Sample chapter available online*)

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