A research company surveys 8,000 people. The company expects 6,000 people to respond favorably. If there is a percent error of 2
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Price she paid, P = $80 .
She sells the bicycle at 1/4 of the price she paid.
Let, buying price is x.
So, as given in question selling price will be x/4.
Also, selling price is given as $80 .
Therefore, Steph pay $320 for the bicycle.
Hence, this is the required solution.