Answer:
Liam must raise $116 .
Step-by-step explanation:
Formula
[tex]Percentage = \frac{Part\ value\times 100}{Total\ value}[/tex]
As given
Liam wants to buy a bicycle that costs $290.00.
His parents say Liam must raise 40% of the money himself.
Percentage = 40%
Total value = $290
Putting in the formula
[tex]40 = \frac{Part\ value\times 100}{290}[/tex]
[tex]Part\ value = \frac{40\times 290}{100}[/tex]
[tex]Part\ value = \frac{11600}{100}[/tex]
Part value = $116
Therefore the Liam must raise $116 .
