A bicycle store calls 24000 per month to operate the store pays an average of $60 per bike the average selling price of each bicycle is a $120 how many bicycles must to sit store sale each month to break even

Question

Mathematics

Alijah Waller

26 November, 05:24

A bicycle store calls 24000 per month to operate the store pays an average of $60 per bike the average selling price of each bicycle is a $120 how many bicycles must to sit store sale each month to break even

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Amiah · Answer 1

If it costs the store $60 to acquire a bike and it sells the bikes for $120 each, the store gets $60 of profit per bike sold.

If they need to get $24000, then they need to sell 400 bikes because 400 bikes x 60 is 24000