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Suppose you own a bicycle but haven't found the time to ride it much lately. These days, it is only worth $31 to you. One of your close friends, who recently got a job at the college bookstore two miles down the road, wants to take it off your hands. He offers you $70 for the bicycle, and you gladly accept. Your friend is also happy because he thinks the bicycle is worth $101 . How much total value was created from this trade?

1 Answer

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Hello! Knowing that the bike to you was worth only $31 and you got $70 all you have to do is subtract 70 from 31 which gives you your answer!

Hope this helped!

I am, yours most sincerely,
Joshua A. Bunn
User Sam Dark
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