Problema Solution
A bicycle cost $3900 per month to operate. The store pays an average of $35 per bike. The average selling price of each bicycle is $95. How many bicycles must the store sell each month to break even?
Answer provided by our tutors
let 'x' represent the number of bicycles the store must sell to break even
A bicycle store costs $3900 per month to operate. The store pays an average of $35 per bike. The average selling price of each bicycle is $95.
3900 + 35x = 95x
by solving we find:
x = 65 bicycles
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the store must sell 65 bicycles to break even.