
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
Last year, a skateboard cost $100 and its protective gear cost $50. This year, the cost of the skateboard increased by $12\%$, and the cost of the protective gear increased by $20\%$. Calculate the percent increase in the combined cost of the skateboard and the protective gear.
A) 14.5%
B) 14.67%
C) 15%
D) 16%

Present the answer in LaTex format: \boxed{Your answer}
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