Question

A small business's profits in 2011 were $120,000. If there was a 25% increase in 2012, what were the profits in 2012.

Answer 1

Answer:

the answer is 15000

Step-by-step explanation:

multiply 12000 by 0.25 to get 3000. then add 3000 to 12000 to get 15000

Answer 2

Answer:

$150,000

Step-by-step explanation:

The 2011 profits plus 25% of those profits comes to

1.25($120,000) = $150,000