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?

$32,000 was the profit last year.

Step-by-step explanation:

$32000  profit

Step-by-step explanation:

I think its 32,000

Explanation:

So last year profit was 32000 $.

Step-by-step explanation:

Let x be the profit the shop had last year. To get this years profit, or 80000 $, we need to increase last years profit by 2.5 or:

2.5*x=80000.  

Solve for x:

x=80000/2.5=32000

So last year profit was 32000 $.