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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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TiliK225 [7]

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3 years ago
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3 years ago
Kayla needs $14,000 worth of new equipment for his shop. He can borrow this money at a discount rate of 10% for a year.
arlik [135]

Answer:

$15400

Step-by-step explanation:

Principle amount, P = $14000

Time, T = 1 year

Rate of interest, R = 10%

We know that maturity amount,

A = P\left (1+\frac{R}{100} \right )^{n}

where n is number of years

A = P\left (1+\frac{R}{100} \right )^{n}

A = 14000\left (1+\frac{10}{100}\right )^{1}

A = 14000\left (1+\frac{1}{10}\right )

A = 14000\left (\frac{11}{10}\right )

A = 15400

The maturity amount is $15400

6 0
3 years ago
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If the side lengths are all 6 units, then the surface area and volume are the same

surface area = 6*s^2 = 6*6^2 = 216
volume = s^3 = 6^3 = 216

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6 0
4 years ago
The sample variance of hourly wages was 10. what is the sample standard deviation?
lapo4ka [179]
<span>Standard deviation is defined as the quantity which expresses by how much the members of a group is different from the mean value for the group.
</span>
The sample standard deviation with a <span>sample variance of hourly wages 10 will be $3.16.

Explanation:

</span><span>The standard deviation is the square root of the variance.
Therefore,
The square root of 10 dollars can be calculated as:

 </span>√10 = $3.16
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