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Word Problem Wednesday: The Bicycle Edition!

Dec 16, 2015

(Image source: Asja Boroš on Flickr)

This week's word problem goes out to everyone who has received or would like to receive a new bike for the holidays! Give it a try—we'll update with the answer tomorrow!

Jessica, Kalvin, and Lloyd pitch in \$30, \$50, and \$20 respectively to buy a bicycle. They then sold the bicycle for \$80. How much should each of them get so that it is fair?

Update: Here's the solution!

The bicycle originally cost \$30 + \$50 + \$20 = \$100. That means that Jessica should get 30 / 100 = 30% of the money back, Kalvin should get 50 / 100 = 50% of the money back, and Lloyd should get 20 / 100 = 20% of the money back. So, Jessica should get 30% of \$80 = \$24, Kalvin should get 50% of \$80 = \$40, and Lloyd should get 20% of \$80 = \$16.

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