Question

Madison bought an empty lot for $2000 and later sold it for a 25% profit. how much did she sell it for?

Answer 1

Madison sold the lot for $2500.

Answer 2

Madison sold the lot for $2,500 this is because 25% of $2,000 is $500

the way you would solve this is move the decimal point of 25% two places so it would look like .25 then, you would multiply these two numbers together getting an answer of $500 Then you would add the $500 to the $2,000 dollars and get the answer of $2,500