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29 April, 20:57

A bike store costs $2400 per month to operate. The store pays an average of $60 per bike. The average selling price of each bike is $120. How many bikes must the store sell each month to break even?

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  1. 29 April, 20:59
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    40 bikes

    Step-by-step explanation:

    x : no. of bikes sold to breakeven

    Expenses = Revenue

    2400 + 60x = 120x

    2400 = 60x

    x = 40
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