Rolf's Golf store sells golf balls for $30 per dozen. The store's overhead expenses are 28% of cost and the owners require a profit of 21% of cost.   a. How much does Rolf's Golf store buy the golf balls for? $per dozen, Round to the nearest cent   b. What is the price needed to cover all the costs and expenses? Round to the nearest cent     c. What is the highest rate of markdown at which the store will still break even? Round to two decimal places %     d. What markdown rate would price the golf balls at cost? Round to two decimal places %

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.5: Solve Linear Inequalities
Problem 2.118TI: Elliot has a landscape maintenance business. His monthly expenses are $1,100. If he charges $60 per...
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Rolf's Golf store sells golf balls for $30 per dozen. The store's overhead expenses are 28% of cost and the owners require a profit of 21% of cost.
 
a. How much does Rolf's Golf store buy the golf balls for? $per dozen, Round to the nearest cent
 
b. What is the price needed to cover all the costs and expenses? Round to the nearest cent
 
 
c. What is the highest rate of markdown at which the store will still break even? Round to two decimal places
%
 
 
d. What markdown rate would price the golf balls at cost? Round to two decimal places
%
 
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