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harkovskaia [24]
4 years ago
7

HELP ME please answer this question A bicycle store costs $2400 per month to operate. The store pays an average of $60 per bicyc

le 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?
Mathematics
1 answer:
tia_tia [17]4 years ago
5 0

Answer:

40  

Step-by-step explanation:

                  Let b = the number of bicycles sold

         Then 120b = monthly income

And 2400 + 60b = monthly expenses

At the break-even point,

120b = 2400 + 60b

60b = 2400

     b = 40

The store must sell 40 bicycles per month to break even.

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ANSWER:

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