The shoe store has 720 pairs of shoes for sale. Each pair of shoes is being sold for $25.00. If all of the shoes are sold, how much will the shoe store make if their profit is 25% of the selling price?
720 multiple by 25 gives you 18,000 then you find 25% of 18,000 by multiplying 18,000 times 25/100 which gives you 4,500. Or you can find 25%of 25 then multiple the answer by 720