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The selling cost for Stefan bicycle = $114 and
the selling cost of a helmet = $18.
The total cost for Jin is 120% of the money spent.
Let us assume purchasing cost of a bicycle = $x.
Purchasing cost of a halmet = $y.
For bicycle
120% of x is $114
=> 1.20 × x = 114
Dividing both sides by 1.20, we get
x=$95.
For helmet.
120% of y is $18.
=> 1.20 × y = 18.
Dividing both sides by 1.20, we get
y = $15.
Therefore, Stefan spent originally to buy a bike $95 and $15 to buy a helmet.
$114 - 95 = $19
$18 - 15 = $3.
Therefore, he made $19 by selling the bicycle and $3 by selling the helmet to Jin.
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