The $1.10 Hammer and Nail Question – What’s the Answer?

This morning we talked about job interviews and the questions you may be asked, by executives, to see how quickly you can think on your feet.

According to Yahoo Finance, Jeff Zwelling, the CEO of a marketing company named Convertro, likes to ask the following question of job candidates:

"A hammer and a nail cost $1.10, and the hammer costs one dollar more than the nail. How much does the nail cost?"

Stephanie and I both said 10 cents. That's the wrong answer. And this is why Stephanie and myself play songs and ask trivia questions for a living. The correct answer is 5 cents.

And why is that? Click here to let your fellow WITL listener and our new Vice-President of Math - Steve - explain: