How many bicycles must be made and sold to break even

Question

A company that manufactures bicycles has a fixed cost of 100,000 it cost $100 to produce each bicycle the selling price for each bicycle is $300 how many bicycles must be made and sold to break even

Answer 1

-100000 - 100x + 300x = 0

 

-100000 +200x = 0

 

-100000 = 200x

 

x = 500 bikes to break even