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Carlos buys a new bicycle
After one year he sells it for $231. He makes a loss of 16% on the price he paid. Calculate the price carlos paid for the bicycle. while giving the answer plzz show working​

Respuesta :

16% of 231 is 36.80
16% + 84% = 100%
36.80+ 231 = $267.80
Ans = $267.80
abiolataiwo2015

Based on the information given the price carlos paid for the bicycle is $194.04.

Using this formula

Price=Selling price-(Selling price× Loss percentage)

Let plug in the formula

Price=$231-($231×16%)

Price=$231-$36.96

Price=$194.04

Inconclusion the price carlos paid for the bicycle is $194.04.

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