Jeremy was making $10 an hour at his summer job, but he hated the work. He decided to take a 50% pay cut to work at an easier job. He liked his new job at first, then grew bored and found another job paying 50% more than he was currently making. What was his hourly pay at the third job?
$7.50. If you guessed $10, don’t feel bad. Percentages can be counter intuitive.
First job: $10/hour
Second job: $10/hour – ($10 × .5) = $5/hour
Third job: $5/hour + ($5 × .5) = $7.50
4 Comments on "Job Hopping Jeremy"
benny castro says
January 29, 2017 @ 11:12
7.50
Steve says
January 29, 2017 @ 22:17
Are you sure this is correct? I have a friend that disputes your answer.
He got paid 10
Didnt like the job. Took a 50% cut
For new job. Which is 5$
Then took another 50% cut
2.50
Dan says
January 31, 2017 @ 19:26
You missed that he got a pay raise with the third job, not another cut.
Assassin says
June 6, 2019 @ 16:50
God who will believe it wat a letter
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