SOLUTION: Bob works at a restaurant. He was hired at a salary of $350 a week. After having his pay cut by 20%, Bob later got a 20% raise. How much per week does Bob make now?
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Question 1179139: Bob works at a restaurant. He was hired at a salary of $350 a week. After having his pay cut by 20%, Bob later got a 20% raise. How much per week does Bob make now? Found 2 solutions by AlexSC, ikleyn:Answer by AlexSC(1) (Show Source):
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Bob works at a restaurant. He was hired at a salary of $350 a week.
After having his pay cut by 20%, Bob later got a 20% raise.
How much per week does Bob make now?
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$350 cut 20% is 350*(1-0.2) = 350*0.8 = 280 dollars.
$280 raised 20% is 280*(1+0.2) = 280*1.2 dollars = 336 dollars.
ANSWER. Now Bob makes 336 dollars per week.