Question 1202160
Last year Jose sold a painting for $2000. If he made 25% profit on the sale, how much had he paid for the painting?

The fact that he made a profit shows that he bought it at less than $2000

Profit 25%

If he sells at $125 the purchase is at $100
He sold at $2000 ...................?

(2000/125) *100

=  $1600