The price of a Bicycle was increased by 50 percent. The new price was then increased by 30 percent. A single increase of what percent is equivalent to these two successive increases?	Choices:
A) 80%	B) 75%	C) 95%	D) 85%	E) 70%
consider base price - $100   25% increase = 1.50*100= 
<gadget id="calculator">1.50*100</gadget>
<output>150</output>
$150   another 40% increase on new price= 1.3* 150= 
<gadget id="calculator">1.3* 150</gadget>
<output>195</output>
$195   so final price of radio - $195   therefore a 95% increase   correct option - 95%
<result>C</result>
The price of a Bicycle was increased by 50 percent. The new price was then increased by 30 percent. A single increase of what percent is equivalent to these two successive increases?