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?
$8,000,000
$80,000
$40,000
$32,800
$8,000,000
$80,000
$40,000
$32,800
Answers
GPT-4o mini
To find this year's profits for Perez's Ski Shop, we need to calculate 250 percent of last year's profits.
Last year's profits = $32,000.
To calculate 250 percent:
\[
250\% \text{ of } 32,000 = 2.5 \times 32,000
\]
Now, let's do the multiplication:
\[
2.5 \times 32,000 = 80,000
\]
Therefore, Perez’s Ski Shop made a profit of **$80,000** this year.
The correct answer is **$80,000**.
Last year's profits = $32,000.
To calculate 250 percent:
\[
250\% \text{ of } 32,000 = 2.5 \times 32,000
\]
Now, let's do the multiplication:
\[
2.5 \times 32,000 = 80,000
\]
Therefore, Perez’s Ski Shop made a profit of **$80,000** this year.
The correct answer is **$80,000**.