m81mcgovern m81mcgovern

02-03-2020
Mathematics

contestada

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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amna04352 amna04352

02-03-2020

Answer:

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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