Question

Perez’s Ski Shop made a profit of $32,000 last year. This year, the profits are 250 percent of last year’s profits. How much of a profit did Perez’s Ski Shop make this year?

Answer 1

Convert 250% to 2.5, and then mult. $32000 by 2.5:

2.5($32000 in profits) = $80000

Answer 2

80000 IS THE CORRECT ANSWER