Question

Justin wants to buy a new bicycle, which costs $266.52. His parents have promised to contribute one-fourth of the cost of the bike. The rest will have to come out of Justin’s savings. What amount will Justin need to come up with to get the new bike? Round two places past the decimal

Answer 1

$199.89

Explanation:

The bike costs 266.52

The parents are contributing one fourth of this (1/4)

We need to find 1/4th of 266.52

Divide 266.52 by 4 to find out how much Justin's parents are contributing to the bike

The answer is 66.63

Now subtract 66.63 from 266.52

Justin has to pay a total of 199.89