Stefan sells Jin a bicycle for $163 and a helmet for $17. The total cost for Jin is 150% of what Stefan spent originally to buy the bike and helmet. How much did Stefan spend originally? How much money did he make by selling the bicycle and helmet to Jin? Stefan originally spent $

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The selling cost for Stefan bicycle = $114 and

the selling cost of a helmet = $18.

The total cost for Jin is 120% of the money spent.

Let us assume purchasing cost of a bicycle = $x.

Purchasing cost of a halmet = $y.

For bicycle

120% of x is $114  

=>  1.20 × x = 114

Dividing both sides by 1.20, we get

x=$95.

For helmet.

120% of y is $18.

=> 1.20 × y = 18.

Dividing both sides by 1.20, we get

y = $15.

Therefore, Stefan spent originally to buy a bike $95 and $15 to buy a helmet.

$114 - 95 = $19

$18 - 15 = $3.

Therefore, he made $19 by selling the bicycle and $3 by selling the helmet to Jin.

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