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27 June, 14:33

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?

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  1. 27 June, 16:26
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    3000 = (110-70) x

    3000 = 110x-70x

    3000 = 40x

    x = 3000/40 = 75 bike to break even
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