SOLUTION: Income
In order for Sea Side Bicycles to stay in business they must make a profit. Each customer will pay $5 to reserve a bike and $12 per hour to rent the bike. Daily they hav
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In order for Sea Side Bicycles to stay in business they must make a profit. Each customer will pay $5 to reserve a bike and $12 per hour to rent the bike. Daily they hav
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Question 1050533: Income
In order for Sea Side Bicycles to stay in business they must make a profit. Each customer will pay $5 to reserve a bike and $12 per hour to rent the bike. Daily they have 10 customers.
Expenses
It costs the bike company $200 every day to maintain their rental space as well as $8 per hour per employee. They have 4 employees.
How many bikes are needed to break even? (the point that the income and expenses are the same).
Solve using equations. Answer by advanced_Learner(501) (Show Source):
