SOLUTION: A bicycle store costs $2700 per month to operate. The store pays an average of $45 per bike. The average selling price of each bicycle is $75. How many bicycles must the store se

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A bicycle store costs $2700 per month to operate. The store pays an average of $45 per bike. The average selling price of each bicycle is $75. How many bicycles must the store se      Log On

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Question 1019874: A bicycle store costs $2700 per month to operate. The store pays an average of $45 per bike. The average selling price of each bicycle is $75. How many bicycles must the store sell to break even?
Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +n+ = the number of bicycles the
store must sell to break even
Costs = +2700+%2B+45n+
Income: +75n+
----------------
Make Costs = Income
+2700+%2B+45n+=+75n+
+30n+=+2700+
+n+=+90+
The store must sell 90 bicycles to break even