A bicycle store costs $2400 per month to operate. The store pays an average of $60 per bicycle. The average selling price of eac h bicycle is $120. How many bicycles must the store sell each month to break even?
1 answer:
Answer:
They need to sell 40 bikes to break even.
Explanation:
They pay $60 per bike then sell it for 120 so they get a profit of $60 dollars each time they sell a bike. 2400 divided by 60 = 40. That makes tthem break even
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