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SVEN [57.7K]
3 years ago
8

A bicycle store costs ​$4200 per month to operate. The store pays an average of ​$75 per bike. The average selling price of each

bicycle is ​$135. How many bicycles must the store sell each month to break​ even?
Mathematics
1 answer:
Lelechka [254]3 years ago
7 0

Store should sell about 31 bicycle for average price of $135 each bicycle.

Step-by-step explanation:

  • To find bike we need Algebra to solve the equation.
  • when x = 1 , Y = 135 *x
  • When x 2 , Y = 135 *2
  • Formula you could apply to go for break even y = 135*x
  • Bicycle store pays about $4200
  • Algebra used for every business and working to make easy task.
  • It takes about 31 bicycle a month to get into break even.
  • Every store needs break even to not incur lost.
  • Break even point is equilibrium between income and expenses.

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