Question

A bicycle store cost 4500$ per month to operate. The store pays an average of 35$ per bike. The average selling price of each bike is 125$.How many bicycles must the store sell each month to break even

Answer 1

50

Explanation:

let x be the no of bicycles to be sold

125x = 4500 + 35x

125x-35x = 4500

90x = 4500

x = 50

to exactly match the expenditure, atleast 50 bikes have to be sold