A bike was originally $240 the price was marked up 15% what is the new price of the bike

llm

Answered on Mon May 23 2022

Given :

Original price = $240

According to question, price is marked up by 15% . So, 15% of 240 is

240/100 ×15 = 36

So, new price = $240 + $36

= $276

Hence, new price of the bike is $276.