A grocer makes a 25% profit on the selling price for each bag of flour it sells. If he sells each bag for $100 and makes $3,000 in profit, how many bags did he sell?	Choose the correct choice from the following choices
A) 12 B) 16 C) 24 D) 30 E) 40
Profit on one bag: 100*1.25= 
<gadget id="calculator">100*1.25</gadget>
<output>125</output>
125   Number of bags sold= 3000/125= 
<gadget id="calculator">3000/125</gadget>
<output>24</output>
24   Answer is 24.
<result>C</result>
A grocer makes a 25% profit on the selling price for each bag of flour it sells. If he sells each bag for $100 and makes $3,000 in profit, how many bags did he sell?