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Stefan sells Jim a bicycle for $138 and a helmet for $16.The total cost for Jim is 140% of what Stefan spent originally to buy the bike and helmet.How much did Stefan spend originally?how much money did
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Stefan sells Jim a bicycle for $138 and a helmet for $16.The total cost for Jim is 140% of what Stefan spent originally to buy the bike and helmet.How much did Stefan spend originally?how much money did he make by selling the bicycle and helmet to Jim?

User Arsenal Fanatic
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1 Answer

3 votes

Answer:

$110, $44

Explanation:

Let x = the total cost to Stefan

Jim buys for:

bicycle: $138

helmet: $16

total: $138 + $16 = $154

Jim's price of $154 is 140% of Stefan's cost, x.

154 = 140% × x

1.4x = 154

x = 110

Stefan spent $110.

Stefan's profit:

$154 - $110 = $44

Answer: $110, $44

User Renjith G
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3.7k points
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