Problema Solution
A bicycle store costs $3600 per month to operate. The store pays an average of $55 per bike. The average selling price for each bike is $115. How many bicycles must the store sell per month to break evan.
Answer provided by our tutors
let 'x' represent the number of bicycle the store must sell per month to break even
115x = 3600 + 55x
by solving we find:
x = 60 bicycles
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the store must sell 60 bikes to break even.