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A bicycle store costs $3300 per month to operate. The store pays an average of $55 per bike. The average selling price of each bicycle is $115. How many bicycles must the store sell each month to break
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Aug 17, 2018
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A bicycle store costs $3300 per month to operate. The store pays an average of $55 per bike. The average selling price of each bicycle is $115. How many bicycles must the store sell each month to break even?
Mathematics
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Richard Scarrott
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I think the store must sell 55 bikes per month to break even.
David Ryder
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Aug 21, 2018
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David Ryder
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