Fermi Financial Interview Questions, Process, and Tips

Ques:- The price of an article is cut by 20%. To restore it to the Former value, the new price must be increased by
A. 20%
B. 24%
C. 25%
D. 28%
Recent Answer : Added by Aayush Lodha On 2022-03-09 16:31:45:

LET ACTUAL PRICE BE 100 RS(FOR CONVINIENCE)
THEREFORE IF PRICE IS CUT BY 20%
THEREFORE NEW PRICE=100-20=80 RS
THEREFORE WE NEED TO ADD X% TO 80 RS TO MAKE IT 20 RS AND ADD IT TO 80 TO MAKE IT 100RS
THEREFORE, 80X/100 = 20
I.E. 4X/5=20
THEREFORE x=20*5/4
=5*5
=25
HENCE 25% OF PRICE SHOULD BE ADDED TO MAKE THE PRICE EQUAL TO THE ACTUAL PRICE.

Ques:- Can you change your location?
Ques:- Who is the first president of planning commission
Ques:- Describe a project/experience that you found enjoyable and demanding?
Ques:- The sum of the present ages of father and his son is 60 years. Six years ago, father’s age was five times the age of the son. After 6 years, son’s age will be:
Recent Answer : Added by Eepuri Nagalaxmi On 2022-08-24 17:03:29:

11

Ques:- Technical languages known
Ques:- Which company are you working now?
Ques:- Why you live the previous company?
Ques:- 15 people entered a theater before Sujit. 7 people entered the theater between Sujit and Suraj and 20 people entered the theater after Suraj. If Suraj entered the theater before Sujit then how many people are there in the theater?
Ques:- Tell us about ur-Qualification
Ques:- What was the toughest part of your last job?
Ques:- In 1991, was the number of people in City A three times greater then the number of people in City B?
Recent Answer : Added by Admin On 2020-05-17 12:05:21:

question is incomplete

Ques:- How many numbers of hacking over concrete surface required for 1 sq m area ?
Ques:- Can you explain in one line why should we select you fromthe number of applications we have received?
Ques:- Give me an example of your creativity.
Ques:- What is your current package?
Ques:- What you know about our company
Ques:- What is the equivalent compound ratio of 5:6::7:10::6:5?
Recent Answer : Added by Kushalbabu On 2021-07-21 15:24:53:

5:6::7:10::6:5
=((5/6)/(7/10)/(6/5))
=((5/6)*(6/5)/(7/10))
=(1/(7/10))
=10/7

Ques:- 1) In a club there are certain no. of males and females. If 15 females are absent then no. of males will be twice that of females. If 45 males are absent then female strength will be 5 times that of males. Find no. of males actually present.
Recent Answer : Added by Admin On 2020-05-17 12:01:55:

Let the number of males be given the name M.
Let the number of females be given the name F.
If 15 females are absent, then M will be twice that of
present females.
This means that M = 2 * (F – 15)
M = 2 * F – 30.
or 2 * F – M = 30.
Now if in addition to the 15 females being absent, we also
have 45 males being absent,
then this gives the equation,
(F – 15) = 5 * (M – 45)
which simplifies to
F – 15 = 5 * M – 225
5 * M – F = 210
Pulling the equations together, we get
5 * M – F = 210
-M + 2 * F = 30
Multiply the first equation by 2, and keep the second
equation as is.
10 * M – 2 * F = 420
– M + 2 * F = 30
Add the equations.
9 * M = 450
M = 50
Verify answer.
Calculate F
from – M + 2 * F = 30
-50 + 2 * F = 30
2 * F = 30 + 50
F = 40.
If 15 females are absent, then number of males will be twice
that of females.
40 – 15 = 25.
50 = 2 * 25. Confirmed.
If also 45 males were absent, then female strength would be
5 times that of males.
Female strength is 25 due to the 15 females being absent.
50 – 45 = 5.
25 = 5 * 5. Confirmed.

Ques:- A train crosses a platform of 120 m in 15 sec, same train crosses another platform of length 180 m in 18 sec. then find the length of the train?
Recent Answer : Added by Sandeep On 2021-07-31 16:36:06:

156

Ques:- BrahMos Missile is a joint venture of?
Ques:- What was the best achievement you had so far?
Ques:- A taxi driver was going the wrong way on a one-way road. A traffic police officer noticed him but instead of stopping him or fine him, he let the driver go. Why do you think that happened?
Ques:- About qualification and personal about family.
Ques:- What qualities do you look for in a boss?
Ques:- Delhi University has conferred an honorary doctorate degree for the first time on a film personality. Who is that film personality ?
Ques:- A banana plantation is located next to a desert. The plantation owner has 3000 bananas that he wants to transport to the market by camel, across a 1000 kilometer stretch of desert. The owner has only one camel, which carries a maximum of 1000 bananas at any moment in time, and eats one banana every kilometre it travels. What is the largest number of bananas that can be delivered at the market?
Recent Answer : Added by Dinesh Pandi On 2021-07-16 13:55:08:

there will be no banana left

Ques:- 9 balls are there one of them is of higher wt and remaining all are of same. given is one weighing scale and you can use it two times. How will you find the heavy ball in two trials only.
Recent Answer : Added by venkatesh On 2021-08-12 06:28:25:

Balls- B1, B2, B3, B4, B5, B6, B7, B8, B9.
Group1 – (B1, B2, B3), Group2 – (B4, B5, B6), Group3 – (B7, B8, B9)
Now weigh any two groups. Group1 on left side of the scale and Group2 on the right side.
When weighing scale tilts left – Group1 has a heavy ball or right – Group2 has a heavy ball or balanced – Group3 has a heavy ball.
Lets assume Group 1 has a heavy ball.
Now weigh any two balls from Group1. B1 on left side of the scale and B2 on right side.
When weighing scale tilts left – B1 is the heavy or tilts right – B2 is the heavy or balanced – B3 is the heavy.

Ques:- if clouds are air, air are water and so on where birds fly?
Recent Answer : Added by Admin On 2020-05-17 12:00:02:

Birds fly on water.

Ques:- The ratio between the school ages of Neelam and Shaan is 5:6 respectively. If the ratio between the one-third age of Neelam and half of Shaan’s age of 5:9, then what is the school age of Shaan?

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