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On a bicycle with more than one gear change mechanism (e.g. front and rear derailleur), these three numbers can be quite different, depending on the relative gearing steps of the various mechanisms. The number of gears for such a derailleur equipped bike is often stated simplistically, particularly in advertising, and this may be misleading.
From a mechanical viewpoint, up to 99% of the mechanical energy delivered by the rider into the pedals is transmitted to the wheels (clean, lubricated new chain at 400 W), although the use of gearing mechanisms reduces this by 1–7% (clean, well-lubricated derailleurs and a straight chainline), 4–12% (chain with 3-speed hubs), or 10–20% (shaft drive with 3-speed hubs).
The price of a new bicycle can range from US$50 to more than US$20,000 (the highest priced bike in the world is the custom Madone by Damien Hirst, sold at US$500,000 [10]), [11] depending on quality, type and weight (the most exotic road bicycles can weigh as little as 3.2 kg (7 lb) [12]).
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