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Doss [256]
3 years ago
5

A bicycle store costs ​$4500 per month to operate. The store pays an average of ​$65 per bike. The average selling price of each

bicycle is ​$155. How many bicycles must the store sell each month to break​ even?
Mathematics
1 answer:
maria [59]3 years ago
6 0

Answer: 50 bicycles

Step-by-step explanation:

The breakeven quantity is the amount that must be sold to bring the profit to zero.

You can use the following formula to calculate it:

= Fixed cost / Contribution margin

Fixed cost= $4,500 per month to operate

Contribution margin = Selling price - Variable cost = 155 - 65 = $90

Breakeven = 4,500 / 90

= 50 bicycles

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Answer:

21 consonant tiles

Step-by-step explanation:

Henry has a bag containing 39 letter tiles, some consonants, and some vowels.

He selects a tile without looking and then replaces it. If he pulls 7 consonant tiles and 6 vowel tiles, which is the most likely number of consonant tiles in Henry's bag?

Step 1

We add up the number of tiles that he pulls out of the bag

= 7 consonant tiles + 6 vowel tiles

= 13 tiles

Step 2

We divide the total number of tiles in the bag by the total number of tiles that was pulled out of the bag

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Step 3

The most likely number of consonant tiles in Henry's bag is calculated as:

3 × The number of consonant tiles that was pulled out of the bag.

Hence:

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= 21 consonant tiles.

Therefore, the most likely number of consonant tiles in Henry's bag is 21 consonant tiles.

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