Answer:
Stefan spend originally $110 and the money stefan make by selling the bicycle and helmet to jin is $22 .
Step-by-step explanation:
As given
Stefan sells jin a bicycle for $114 and a helmet for $18.
Total cost of the bicycle and helmet = $114 + $18
= $132
The total cost for jin is 120% of what stefan spent originally to buy the bike and helmet.
120% is written in the decimal form.
[tex]= \frac{120}{100}[/tex]
= 1.20
Let us assume that the Stefan spend originally for bike and helmets be x.
Than the equation becomes
1.20 × x = 132
1.20x = 132
[tex]x = \frac{132}{1.20}[/tex]
x = $110
Therefore stefan spend originally be $110 .
Now find out how much money did he make by selling the bicycle and helmet to jin .
Money make by Stefan = Total selling cost of helmet and bicycle - Total amount of stefan spends for purchasing.
Money make by Stefan = 132 - 110
Money make by Stefan = $22
Therefore the money stefan make by selling the bicycle and helmet to jin is $22 .