Question

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)

Answer 1

The answer is 26 bikes.
$3850/150=25.5
25.5 x 150= 3825
but when rounded whole = 26
26x150=3900

Answer 2

Answer:

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.