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k0ka [10]
2 years ago
5

The price of a mountain bike increased by 20% in the past year the value is $150 what was the value of the mountain bike last ye

ar
Mathematics
1 answer:
n200080 [17]2 years ago
8 0

I hope I am reading the problem right: The price of a mountain bike increased by 20% in the past year. The value is $150. What was the value of the mountain bike last year?

Let's simplify this. One year, there was this radical mountain bike that used to have an unsaid price, <em>x. </em>That year, that price of x increased by 20% more than it was before, or <em>120% times the original value</em>. Because of that, it's now $150.

We can equation this.

1.20x = 150

x = 150/1.2

x = 125

The bike, I believe, cost $125 last year. Hope this helps!


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