SOLUTION: A bicycle store cost $3600 per month to operate. The store pays an average of $70 per bike. The average selling price of each bike is $130. How many bikes must the store sell to

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A bicycle store cost $3600 per month to operate. The store pays an average of $70 per bike. The average selling price of each bike is $130. How many bikes must the store sell to      Log On

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Question 1021740: A bicycle store cost $3600 per month to operate. The store pays an average of $70 per bike. The average selling price of each bike is $130. How many bikes must the store sell to break even?

Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
3600+70x = 130x Let's flip it around, it will look nicer:
130x = 3600+70x Subtract 70x on both sides:
60x = 3600 Divide both sides by 60:
x = 60 bikes to break even
J