First, it is trivial to communicate the problem and any moderately competent person will find a solution within a short time frame. Second, it tests how precisely someone takes a problem definition. (In my experience, the kind of person who glances over such details will also tend to make trivial programming mistakes like off-by-ones.) Third, by varying a well-known question slightly you can easily filter out those who have simply learned the "correct" solution from the internet rather than thinking it through.