new price = cost + cost* percentage increase
250 percent = 2.5 as a decimal ( 250% = 250/100 = 2.5)
new price = cost + cost * 2.5
factor out cost
new price = cost(1+2.5)
new price = cost(3.5)
substitute the retail price (or cost)
new price = 5(3.5)
new price = 17.5
I am assuming the retail price is the selling price or the new price