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A bicycle store costs ​$3000 per month to operate. The store pays an average of ​$70 per bike. The average selling price of each bicycle is ​$110. How many bicycles must the store sell each month to break​
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A bicycle store costs ​$3000 per month to operate. The store pays an average of ​$70 per bike. The average selling price of each bicycle is ​$110. How many bicycles must the store sell each month to break​ even?

User Ramigg
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1 Answer

5 votes
3000 = (110-70)x
3000= 110x-70x
3000= 40x
x= 3000/40= 75 bike to break even
User ArtemSBulgakov
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7.6k points
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