A shopkeeper buys an arcticle which costs him $28 and he sells it at a profit of 25%. How much does he sell it for?

Hi Eloise,

A shopkeeper buys an arcticle which costs him $28 and he sells it at a profit of 25%. How much does he sell it for?

There are 2 ways to do this.

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You can either find 25% of $28           that's   25/100*28

and then add it to the original $28

OR

You can recognise that $28 is 100%  You want to increase this by 25%  SO

You want   125%  of    $28                that is     125/100*28

25% of $28 is 1/4 of $28, which is $7

if this is his profit and he paid $28 for it, then he must have sold it for $28 + $7 = $35

.

(Melody beat me to it)

Thanks Miss Melody, and you too Alan.