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You'll Rip Your Hair Out Trying To Solve These 5 Art Cashin Brain Teasers

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Art CashinMarkets guru Art CashinUBS Financial Services' director of floor operations at the NYSE, is a legend on the floor of the Big Board.

He's also known for his daily newsletter Cashin's Comments

And in this Wall Street must-read he never forgets to include a fun piece of trivia at the end.

The questions are usually logic, math or history related. 

They're really fun, but they can get frustrating because he doesn't reveal the answer until the following day.  Of course, everyone knows Google is for cheaters.  

We've compiled his latest trivia questions and will kick things off with last Friday's question.

The answer is posted on each subsequent slide. Good luck!

Last Friday's Question

David was on a sales trip and wound up eating dinner alone.  He had a good steak and a wonderful but expensive bottle of wine (at least for eating alone).  The bill before tax and tip came to $85.  If 5 times the cost of the wine equaled 12 times the cost of the steak - how much did each cost?

Source: Cashin's Comments



Last Friday's Answer

David's meal for $85 was a $25 steak and a $60 bottle of wine. 

Source: Cashin's Comments



Monday's Question

Quick, call Bill Gates!  Much computer logic is based on a binary system in which there are only 2 digits - 0 and 1.  (This allows one digit to equal "open" and the other "closed" - among other things.)  Our ordinary system is decimal (meaning any digit from 0 through 9 can reside in the far right spot.  Once you go past 9, you go to 2 spots "10" meaning 1 "ten" and 0 "ones").  In binary systems, the far right can contain a "1" or an "0".  Thus, in binary placement: 0 = 0; 1 = 1; 10 = 2; 11 = 3; etc.  How would you write "29" in binary numbers?

Source: Cashin's Comments 



See the rest of the story at Business Insider

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