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?

1 Answer
Nuts · Stefan V.
Mar 20, 2018

The store has to sell #45# pairs of shoes.

Explanation:

The store has a base cost of #$1800#, the cost per pair of shoes is #$25#. Each pair of shoes is sold for #$65#, therefore the profit per pair of shoes is

#$65 - $25 = $40#

The formula for calculating the amount that needs to be sold would look like this;

#40x = 1800#

To determine the value of #x#, we take this formula;

#x = 1800 / 40#

#x = 45#

Therefore, the store needs to sell #45# pairs of shoes to break even.

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