This year, Perez’s Ski Shop had a profit of $80,000. This is 250 percent of last year’s profit. What was the profit of Perez’s Ski Shop last year?  

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250/100=80000/?

What number do we need to multiply 250 by to get 80000? 80000/250=8000/25=320.

We need to use the same multiplier for 100:

250/100=320*250/(320*100)=80000/32000.

I prefer to do it this way:

80000/250%=80000*100/250=8000*100/25=8000*4=32000.
by Top Rated User (696k points)

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