Henry is considering purchasing a mountain bike. He likes two bikes: One costs $500, and the other costs $600. He tells his dad that the bike that is more expensive is 20% more than the cost of the other bike. Is he correct?

Intermediate Algebra
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ISBN:9780998625720
Author:Lynn Marecek
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Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.37TI: According to the National Automobile Dealers Association, the average cost of a car in 2014 was...
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Henry is considering purchasing a mountain bike. He likes two bikes: One costs $500, and the other costs $600. He tells his dad that the bike that is more expensive is 20% more than the cost of the other bike. Is he correct?
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