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1993 AMC 12 Question 5

AMC12 · 1993 AMC 12

Question 5

Last year a bicycle cost $\$160$ and a cycling helmet cost $\$40.$ This year the cost of the bicycle increased by $5\%,$ and the cost of the helmet increased by $10\%.$ The percent increase in the combined cost of the bicycle and the helmet is
  1. $6\%$
  2. $7\%$
  3. $7.5\%$
  4. $8\%$
  5. $15\%$