SOLUTION: How would you solve the following: A bicycle was sold for 30% more than what was originally paid for it. It was sold for $104. How was the bike originally bought for?

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Question 590: How would you solve the following:
A bicycle was sold for 30% more than what was originally paid for it. It was sold for $104. How was the bike originally bought for?
Answer by arden42(16) About Me  (Show Source):
You can put this solution on YOUR website!
If x is the original price, then (since 30% is 0.3) we know that:
x+%2B+%280.3%29x+=+104
Multiply by 10 to get rid of decimals:
10x+%2B+3x+=+1040
13x+=+1040
Divide by 13:
x+=+80
The bike was originally bought for $80.