Question

A bicycle store costs ​$3750 per month to operate. The store pays an average of ​$60 per bike. The average selling price of each bicycle is ​$110. How many bicycles must the store sell each month to break​ even?

Answer 1

If they purchase a bike for 60, and sell it for 120, they make a profit of 60. Theywould need to sell 40 bikes to break even. 120 - 60(buying cost) = 60. 2400 / 60 = 40

Answer 2

120n=2400+60n is break-even point

60n=2400

n=40 bikes need to be sold monthly to break even!!!!!!!!!!!!