A certain boxer has agreed to pay his opponent a fee of 2.5% of his total purse for every pound over the specified weight limit he weighs in. If the boxer pays his opponent a fee of $225,000 after weighing in seven pounds over the specified limit, what was the boxer's purse?
Choose the correct choice
A) $65,625	B) $105,000	C) $150,000	D) $183,750	E) $1,285,714
.025*7= 
<gadget id="calculator">.025*7</gadget>
<output>0.175</output>
.175   225000/.175= $1,285,714   Answer: $1,285,714
<result>E</result>
A certain boxer has agreed to pay his opponent a fee of 2.5% of his total purse for every pound over the specified weight limit he weighs in. If the boxer pays his opponent a fee of $225,000 after weighing in seven pounds over the specified limit, what was the boxer's purse?