A merchant has selected two items to be placed on sale, one of which currently sells for 25 percent less than the other. If he wishes to raise the price of the cheaper item so that the two items are equally priced, by what percentage must he raise the price of the less expensive item?	Choose the correct choice:
A) 52 %
B) 40%
C) 30%
D) 20%
E) 10%
Expensive item = $100;   30%heap item = $75;   We must increase $75 to $100, so by $25, which is approximately 30% increase: (100-75)/75 = 1/3 = ~0.33   Answer: 30%.
<result>C</result>
A merchant has selected two items to be placed on sale, one of which currently sells for 25 percent less than the other. If he wishes to raise the price of the cheaper item so that the two items are equally priced, by what percentage must he raise the price of the less expensive item?