Question

A bicycle store costs $4000 per month to operate. The store pays an average of $50 per bike. The average selling price of each bicycle is $150. How many bicycles must the store sell each month to break even

Answer 1

Answer:27

Explanation:

Answer 2

The store would need to sell 40 bikes to break even.

Explanation:

In order to break even the store needs to make $4000 a month. They spend $50 per bike and sell them for $150, an easy equation to get their profit per bike is to subtract how .uch they pay for a bike from how much they make per bike which is $150-50=$100. So now we just need to divide $4000 by $100 to find out how many bikes they need to sell. $4000÷$100=40.