Asked by ceaty
A shoe store costs $1800 dollars a month to operate. The average wholesale cost of each pair of shoes is $25, and the average price of each pair of shoes is $65. How many pairs of shoes must the store sell each month to break even?
Answers
Answered by
oobleck
break-even means that cost = revenue
So, if there are x pairs of shoes, you need
1800 + 25x = 65x
So, if there are x pairs of shoes, you need
1800 + 25x = 65x
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