If 20 is increased by B, the result is 120% of B. Find the value of B.
20+B=120%B
I think your equation set correctly.
20+B=120%B
20=1.2B-B
0.2B=20
B=100
Here is the verification:
20 is increased by B
which means 20+100=120
120% of B
which means 100x120%=120
The result is verified.