Answer: the store needs to sell 50 bicycles each month to break even
Step-by-step explanation:
The average selling price of each bicycle is $145.
When we talk of break even, we are referring to the point at which the income being accrued from a business is equal to the total cost of running the business. At this point, their is no profit and there is no loss.
From the example information given,
Total cost of running the business will be
cost of operating the bicycle store + the total amount the store pays per bike.
cost of operating the bicycle store
= $3500 per month
The store pays an average of $75 per bicycle. If the store buys x bicycles per month, then,
Total the total amount the store pays per bike = 75 × x = 75x
Total cost of running the business per month
= 3500 + 75x - - - - - - -1
The average selling price of each bicycle is $145. This means that the selling price for x bicycles will be
145 × x = 145x
Therefore , total income is $145x
To break even,
145x = 3500 + 75x
145x - 75x = 3500
70x = 3500
x = 3500 / 70 = 50
Answer:
x = 3, −10
Step-by-step explanation:
The roots (zeros) are the x values where the graph intersects the x-axis. To find the roots (zeros), replace y with 0 and solve for x.
Answer: 0.88
Step-by-step explanation:
Let C is the event of drinking coffee, T is the event of drinking tea and M is the event of drinking milk.
Thus, when we make the Venn diagram of the given situation according to the given information,
Total number of people = 50
Number of people who like coffee, tea and milk = 19
Number of people who like coffee, tea but not milk = 16
Number of people who like coffee, milk but not tea = 2
Number of people who like tea, milk but not coffee = 5
Thus, the number of people who like tea only = Total people - (people who like coffee, tea but not milk + people who like coffee, tea and milk + the one who only like tea and milk but not coffee)
= 50 - ( 16 + 19 + 5) = 50 - 46 = 4
Thus, Total number of the person who like milk = 16 + 19 + 5 + 4 = 44
⇒ Probability that this person likes tea = 
= 
Answer:
a plane is formed by two rays with the same end point
