A bicycle store costs $3850 per month to operate. The store pays an average of $40 per bike. The average selling price of each bicycle is $150. How many bicycles must the store sell each month to break even?.
(type a whole number)
The net profit per bike is 150-40= 120. Hence to break even, the store needs to profit more than the operating cost of the store. 3840/ 120= 32. The store needs to sell 32 bicycles each month to break even.
