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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 sto…
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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 sto…
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Aug 21, 2018
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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?
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3000 = (110-70)x
3000= 110x-70x
3000= 40x
x= 3000/40= 75 bike to break even
ArtemSBulgakov
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Aug 26, 2018
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