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Job Hopping Jeremy

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 &times .5) = $5/hour
Third job: $5/hour + ($5 × .5) = $7.50


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3 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.


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