Question

please answer this A bicycle store costs $2400 per month to operate. The store pays an average of $60 per bicycle that is sold in the shop. This is called a company’s overhead. The average selling price of each bicycle is $120. How many bicycles must the store sell each month to break even? A bicycle store costs $2400 per month to operate. The store pays an average of $60 per bicycle that is sold in the shop. This is called a company’s overhead. The average selling price of each bicycle is $120. How many bicycles must the store sell each month to break even?

Answer 1

Answer: The store must sell 40 bikes.

Step-by-step explanation:

y=60x+2400

y=120x

120x=60x+2400

-60x on both sides

60x=2400

divide 60 on both sides

2400/60=40

x=40