Could someone give me a hand understanding this problem?

Angelica's service club is selling flowers for a fundraiser. Each flower costs them $0.50 to purchase. They set the sale price of each flower at the purchase price plus 40%. Write and solve an equation to determine how many flowers they will need to sell to make a profit of $500. Use complete sentences to explain what each number and variable in your equation represents. Write your solution in the context of the original problem.

Question

Could someone give me a hand understanding this problem? 

Angelica's service club is selling flowers for a fundraiser. Each flower costs them $0.50 to purchase. They set the sale price of each flower at the purchase price plus 40%. Write and solve an equation to determine how many flowers they will need to sell to make a profit of $500. Use complete sentences to explain what each number and variable in your equation represents. Write your solution in the context of the original problem.

anonymous · Answer

i completely understand now, but i'm confused on how people are still getting 2,500 and saying its right?

anonymous · Answer

i think the $0.20 is the amount from the 40%

pixiedust1 · Answer

Oh it was 40%?  I solved for 60%!!! Sorry!

anonymous · Answer

ah, it's alright ox