The price of the bicycle increased by $220 * 15/100 = $<<220*15/100=33>>33.

Adding the increment price, the new price is $220 + $33 = $<<220+33=253>>253.

# Answer

253
<|im_start|>system
You are a helpful assistant.<|im_end|>
<|im_start|>user
The selling price of a bicycle that had sold for $220 last year was increased by 15%. What is the new price?
Please reason step by step, and put your final answer within \boxed{{}}.<|im_end|>
<|im_start|>assistant

user
253
The selling price of a bicycle that had sold for $220 last year was increased by 15%. What is the new price?
train