Question

A bicycle store costs ​$3000 per month to operate. The store pays an average of ​$70 per bike. The average selling price of each bicycle is ​$110. How many bicycles must the store sell each month to break​ even?

Answer 1

3000 = (110-70)x
3000= 110x-70x
3000= 40x
x= 3000/40= 75 bike to break even