CBOE Holdings Interview Questions, Process, and Tips

Ques:- A rich man died. In his will, he has divided his gold coins among his 5 sons, 5 daughters and a manager. According to his will: First give one coin to manager. 1/5th of the remaining to the elder son.Now give one coin to the manager and 1/5th of the remaining to second son and so on….. After giving coins to 5th son, divided the remaining coins among five daughters equally.All should get full coins. Find the minimum number of coins he has?
Recent Answer : Added by Biplab Nath On 2021-07-31 16:35:53:

Answer: 3121 gold coins
Let total no of coins be M
Let the disbursement D to each son:

D1 = 1 + (M – 1)/5 = (M + 4)/5
D2 = 1 + ( M – D1 -1)/5 = (D1) * 4/5
D3= (D2) * 4/5
D4= (D3) * 4/5
D5= (D4) * 4/5
Total disbursements to sons=
= ∑D= (M+4)*1/5[ 1+4/5+(4/5)(4/5)+ (4/5)(4/5)(4/5)+(4/5)(4/5)(4/5)(4/5) ]
= (2101/3125)*(M+4)
Thus balance left for daughters =M-{(2101/3125)*(M+4)}
=(1024M-8404)/3125
This balance should be a positive integer ( assuming M and all disbursements are full coins )
Thus 1024M-8404 should be a multiple of 3125….so….
1024M – 8404 = N*3125 where N is an integer
Using Python code:
n=int(input(“Enter num n: “))
X=int()
a=int()
a=0
X=’ ‘
for a in range(0,n+1):
a=a+1
X= (3125*a + 8404)/1024
if (3125*a + 8404)% 1024== 0:
print(X,a)
Enter num n: 10000
3121.0 1020
6246.0 2044
9371.0 3068
12496.0 4092
15621.0 5116
18746.0 6140
21871.0 7164
24996.0 8188
28121.0 9212
We get minimum value of N = 1021 and M = 3121 gold coins

Ques:- How many bearers will an explorer need for a 6 day march if each man can carry the food stuff of one man for 4 days?
Ques:- A 5 litre jug contains 4 litres of a salt water solution that is 15 percent salt. If 1.5 litres of the solution spills out of the jug, and the jug is then filled to capacity with water, approximately what percent of the resulting solution in the jug is salt?
A. 7.5%
B. 9.5%
C. 10.5%
D. none
Recent Answer : Added by Admin On 2020-05-17 12:05:46:

5 litre jug contains 4 litres of salt water solution
with 15% of salt, that means it has 4000*.15 = 600 ml salt
in it.
If 1.5 litres solution is spills out, remaining solution
is 2.5 litres, then the salf content is 2500*.15 = 375ml.
Now, the jug is filled to full capacity with water i.e.,
now the jug has 5 litre solution in it.
Now, the salt content is 375/5000 = 7.5%

Ques:- Current General Knowledge
Ques:- How amny times u met ur P.M?(In P.M)
Ques:- Two trains 140 m and 160 m long run at the speed of 60 km/hr and 40 km/hr respectively in opposite directions on parallel tracks. The time which they take to cross each other is?
Ques:- Program in C for factorial of a given number
Ques:- A works twice as fast as B. If B can complete a work in 12 days independently, the number of days in which A and B can together finish the work is?
Ques:- The average temperature was 37C for Monday to Wednesday and 34C for Tuesday to Thursday . If the temperature on Thursday was 4/5 th of that of Monday,what was the temperature on Thursday?
Recent Answer : Added by Jade On 2022-09-22 16:41:17:

First write equations from info:
(A) (Mon + Tue + Wed)/3 = 111 Rearrange as ——–> Tue + Wed = 111 – Mon
(B) (Tue + Wed + Thu)/3 =102 Rearrange as ——–> Tue + Wed = 102 – Thu
(C) Thu = 0.8(Mon)

Substitute equation C into B:
(B) Tue + Wed = 102 – 0.8(Mon)

At this point I changed the values for clearer algebra:
Mon = x
Tue + Wed = y

Re-write equations A & B with new values:
(A) y = 111 – x
(B) y = 102 – 0.8x

Solve simultaneous equations:

111 – x = 102 – 0.8x
111 – 102 = x – 0.8x (Re-arraged)
9 = 0.2x
x = 45

Thus, Mon = 45C

Thu = 0.8(45)
Thu = 36C

So the answer is it was 36C on Thursday

Ques:- What is peer review in practical terms?
Ques:- January 7, 1992 was Tuesday. Find the day of the week on the same date after 5 years, i.e., on January 7, 1997?
A. Monday
B. Tuesday
C. Wednesday
D. Friday
E. Friday
Recent Answer : Added by S.kowsalya On 2022-05-17 09:08:19:

Tuesday

Ques:- What is the purpose of schengen business visa?
Ques:- In a division sum, quotient is 403, divisor is 100 and remainder is 58. Then dividend will be
A. 40318
B. 40358
C. 41318
D. 49158
Recent Answer : Added by Shubham ojha On 2022-09-15 16:36:55:

40358

Ques:- The recipient of Indira Gandhi Prize for Peace, Disarmament and Development for 2008 is?
Ques:- On a scale of one to ten, rate me as an interviewer.
Ques:- The salary of the Chief Justice of India
A. Rs. 33,000
B. Rs. 36,000
C. Rs. 40,000
D. Rs. 30,000
Ques:- Using the ciphers 1 up to 9, three numbers (of three ciphers each) can be formed, such that the second number is twice the first number, and the third number is three times the first number. Which are these three numbers?
Recent Answer : Added by Erick Mesquita On 2022-11-06 15:57:09:

The 3-digit number can be written as the sequence [n, 2n, 3n]
n = 1 → [1, 2, 3] → valid
n = 2 → [2, 4, 6] → valid
n = 3 → [3, 6, 9] → valid

n = 4 → [4, 8, 12] is not valid because this would lead to a 4-digit number
any value of n > 4 would also produce invalid answer

Answer: Three numbers: {123, 246, 369}

Ques:- What is General Door Frame thicknesses?
Ques:- Why you switch from BSc to MBA?
Ques:- I have changed 4 jobs in 5years, whenever i am facing interview they are asking me why you changed so many companies?
Ques:- How much time will a train of length 200 m moving at a speed of 72 kmph take to cross another train of length 300 m, moving at 36 kmph in the same direction?
Recent Answer : Added by Hakeem Nazia Begum On 2022-09-22 16:40:10:

half and hour

Ques:- Insert the missing number:
2, 6, 12, 20, 30, 42, 56, (…..)
A. 60
B. 64
C. 70
D. 72
Recent Answer : Added by GAURAV WAGHELA On 2022-03-09 16:35:12:

Difference between 2 and 6 is = 4
Difference between 6 and 12 is = 6
Difference between 12 and 20 is = 8
Difference between 20 and 30 is = 10
Difference between 30 and 42 is = 12
Difference between 42 and 56 is = 14
So ne number will be with 16 Difference i .e 72
Therefore Answer will be 72

Ques:- A box contains nine bulbs out of which 4 are defective. If four bulbs are chosen at random, find the probability that at least one bulb is good?
Recent Answer : Added by jose On 2022-01-08 16:06:39:

4/9

Ques:- It comes once in a year and twice in a week what is that?
Recent Answer : Added by Gaurav Borse On 2021-10-12 12:52:50:

Its Alphabet “e”

Ques:- The speed of a boat in still water in 15 km/hr and the rate of current is 3 km/hr. The distance travelled downstream in 12 minutes is:
Recent Answer : Added by Blessy On 2022-08-14 16:45:57:

3*12=36

Ques:- Where you think you will be stand after 4 years?
Ques:- How do you define success and how do you measure up to your own definition?
Recent Answer : Added by AMIR MOHAMMED On 2022-05-17 08:55:51:

My definition of success is being able to complete the task given to me in the provided timeline

Ques:- In how many years does a sum of Rs. 5000 yield a simple interest of Rs. 16500 at 15% p.a.?
Recent Answer : Added by Karthiga On 2022-03-09 16:30:43:

Given:
Principle Amount(P):₹5000
S.I:₹16500
Rate of Interest(R):15%
Find:T
SI=P*T*R/100
T=SI*100/P*R
T=16500*100/5000*15
T=22 YEARS

Ques:- The inverse ratio of 3: 2: 1 is?
Recent Answer : Added by DK On 2022-03-09 16:28:53:

Ratio is 3:2:1

Total=6

Reverse of ratio is 1/3:1/2:1/1

Portion of first part is=1/3*6=>2

Portion of second part is=1/2*6=>3

Portion of third part is 1*6=>6

∴So the new ratio is 2:3:6

Ques:- Why we hire you in our company?
Recent Answer : Added by bandi rakesh On 2022-08-14 16:29:25:

as a student iam intrested in learning new things.as a fresher i learnt this subject theoretically and iam waiting for an oppurtunity to do them in practical way if you hire me then i will give my best to increase companies reputation

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Devendra Bhardwaj With a decade of experience as a Job Hiring Expert, I am a results-driven professional dedicated to elevating recruitment strategies. My expertise lies in navigating the dynamic landscape of talent acquisition, employing innovative approaches to attract, assess, and secure top-tier candidates. I excel in optimizing hiring processes, leveraging cutting-edge technologies, and fostering collaborative relationships with stakeholders. A keen understanding of industry trends allows me to stay ahead, ensuring a competitive edge in securing the best talent for your organization. I am passionate about connecting the right people with the right opportunities and thrive in creating impactful, streamlined recruitment solutions.

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