Question

andrew owns a bookshop and is trying to sell his old stock of books to reduce his inventory. he decides to price the books so that he will break even on them. what does this mean? he makes a profit on the books. he takes a loss on the books. he neither makes a profit nor takes a loss on the books. he both makes a profit and takes a loss on the books.

Answer 1

To break even means u don't make a profit and u dont take a loss...u break even. It would be like buying something for $ 10 and selling it for $ 10. No profit, no loss.