A bicycle store costs $3850 per month to operate. The store pays an average of $40 per bike. The average selling price of each bicycle is $150. How many bicycles must the store sell each month to break even?.

(type a whole number)

Question

Kaila Avila

Mathematics

11 March, 14:40

A bicycle store costs $3850 per month to operate. The store pays an average of $40 per bike. The average selling price of each bicycle is $150. How many bicycles must the store sell each month to break even?.

(type a whole number)

+1

Answers (2)

Know the Answer?

Sarahi Walls · Answer 1

The net profit per bike is 150-40 = 120. Hence to break even, the store needs to profit more than the operating cost of the store. 3840 / 120 = 32. The store needs to sell 32 bicycles each month to break even.

Cristian Bridges · Answer 2

The answer is 26 bikes.

$3850/150=25.5

25.5 x 150 = 3825

but when rounded whole = 26

26x150=3900

A bicycle store costs $3850 per month to operate. The store pays an average of $40 per bike. The average selling price of each bicycle is $150. How many bicycles must the store sell each month to break even?.(type a whole number)

A bicycle store costs $3850 per month to operate. The store pays an average of $40 per bike. The average selling price of each bicycle is $150. How many bicycles must the store sell each month to break even?.

(type a whole number)