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19 November, 00:37

A bicycle store costs $3850 per month to operate. The store pays an average of $40 per bike. The average selling price of each bicycle is $150. How many bicycles must the store sell each month to break even?.

(type a whole number)

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Answers (2)
  1. 19 November, 03:10
    0
    The net profit per bike is 150-40 = 120. Hence to break even, the store needs to profit more than the operating cost of the store. 3840 / 120 = 32. The store needs to sell 32 bicycles each month to break even.
  2. 19 November, 04:18
    0
    The answer is 26 bikes.

    $3850/150=25.5

    25.5 x 150 = 3825

    but when rounded whole = 26

    26x150=3900
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