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10 November, 08:22

Bianca's Bike Shop made a profit of $54,000 last year. This year, the profits were 250% of last year's. How much profit did Bianca's Bike Shop make this year?

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  1. 10 November, 11:20
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    Since the percent increase is bigger than 100%, it definitely has to be more than 54,000.

    so let's break this down:

    250% = 100% + 100% + 50%

    we know 100% is the whole price so if there are 2 100% we have to multiply the price by two!

    54,000•2 = 108,000

    now, 50% is half of the whole price, divide the price by two:

    54,000:2 = 27,000

    so add your results and you will get this!

    108,000+27,000 = 135,000
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