<human>:  The selling price of a bicycle that had sold for $220 last year was increased by 15%. What is the new price?
<bot>: How much did the price increase? ** The price of the bicycle increased by $220 * 15/100 = $<<220*15/100=33>>33.
What is the new price? ** Adding the increment price, the new price is $220 + $33 = $<<220+33=253>>253.
#### 253