A bicycle is sold for $180, which is 20% more than its cost price. What is the c

Practice Questions

Q1
A bicycle is sold for $180, which is 20% more than its cost price. What is the cost price?
  1. $150
  2. $160
  3. $140
  4. $170

Questions & Step-by-Step Solutions

A bicycle is sold for $180, which is 20% more than its cost price. What is the cost price?
  • Percentage Increase – Understanding how to calculate a selling price based on a percentage increase from the cost price.
  • Algebraic Manipulation – Using algebra to express relationships between cost price and selling price.
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