A bicycle store costs $4000 per month to operate. The store pays an average of $75 per bike. The average selling price of each bicycle is $155. How many bicycles must the store sell each month to break even?

Question

Gunnar Frank

Mathematics

7 August, 11:04

A bicycle store costs $4000 per month to operate. The store pays an average of $75 per bike. The average selling price of each bicycle is $155. How many bicycles must the store sell each month to break even?

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Answers (1)

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Slade Waters · Answer 1

50 you need to break even

Step-by-step explanation:

4000+75n = stores operating costs

155N=stores profit

155n=4000+75n

-75 - 75

80n=4000

80/80 4000/80

N=50