Question

A bicycle store cost $3200 per month to operate. The store pays an average of $40 per bike. The average selling price of each bicycle is $120. How many bicycles must the stores sell each month to break even

Answer 1

40 becuase 3200/80 = 40

Answer 2

40

Explanation:

If the store is making selling bikes for 120 and the average they pay is 40 a bike then they're making an 80 dollar profit, and the profit is what you need to solve this equation. 3200/80 gets you 40, so you would need to sell an average of 40 bikes in order to break even