Question

A bike store costs $2400 per month to operate. The store pays an average of $60 per bike. The average selling price of each bike is $120. How many bikes must the store sell each month to break even?

Answer 1

Answer:

40 bikes

Step-by-step explanation:

x : no. of bikes sold to breakeven

Expenses = Revenue

2400 + 60x = 120x

2400 = 60x

x = 40