Footlocker purchased the latest Nike sneakers for $54.00 per pair. To make a profit Footlocker raises the cost of the sneakers by 125%. Calculate the new price of the sneaker.
To find the new price of the sneaker, you would multiply 54.00 by 1.25. (it's 1.25 because to do percents you would divide them by 100 to put them in decimal form.)
