Question

a company that manufactures bicyles has a fixed cost of 100,000. It costs $100 to produce each bicycle. The selling price is $300 per bike. Hhow many bicycles must be produced and sold for the company to make money?

Answer 1

do i get 500 or 501?

Answer 2

X is the number of bicycles:
100,000 + 100x = 300x
-> 2 x = 1,000
-> x = ...

Answer 3

What result do you get now?

Answer 4

500

Answer 5

That's all!

Answer 6

Thanks