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Bob bought a bike for $250 and repaired it. He can now sell the bike for $300. What is the percent increase in the value of Bob's bike?

Bob bought a bike for $250 and repaired it. He can now sell the bike for $300. What is the percent increase in the value of Bob's bike?
33.1k views
3 votes
Bob bought a bike for $250 and repaired it. He can now sell the bike for $300. What is the percent increase in the value of Bob's bike?

User Gary Richardson
by
7.8k points

2 Answers

3 votes

Answer:

20%

Step-by-step explanation: i just took that test

User Goelv
by
8.3k points
1 vote

Answer:

20% increase.

Explanation:

300/250 = 1.2

User Mahdi Majidzadeh
by
8.4k points
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