Question

PLEASE HELP!! WILL MEDAL
A bicycle store costs $2400 per month to operate. The store pays an average of $60 per bike. The average selling price of each bike is $120. How many bikes must the store sell each month to break even?
@campbell_st

Answer 1

I think it would be 40 bikes. To figure this out, I did 120-60 first, which = 60. Then I divided 2400, the store's cost each month, and the answer was 40, which should be the amount of bikes needed to be sold each month to break even.

Answer 2

Thanks! can you help with another @DerpyDerpGirl

Answer 3

You split $1500 between two savings accounts. Account A pays annual 5% interest and Account B pays 4% annual interest. After one year, you have earned a total of $69.50 in interest. How much money did you invest in each account?

Answer 4

@DerpyDerpGirl @Coolguy23780

Answer 5

Ok, I will help! I like to solve equations like this.

Answer 6

It has been a while since I have done interest equations, though

Answer 7

A=950 B=550.

Answer 8

Thank you! Can you help with some other stuff tonight or tomorrow

Answer 9

Sure! I am happy to help!

Answer 10

Thank you! let me pull up the questions