question archive Rolf's Golf store sells golf balls for $30 per dozen

Rolf's Golf store sells golf balls for $30 per dozen

Subject:MathPrice:2.87 Bought7

Rolf's Golf store sells golf balls for $30 per dozen. The store's overhead expenses are 26% of cost and the owners require a profit of 18% of cost.

How much does Rolf's Golf store buy the golf balls for?

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ANS: As we Know COST + PROFIT = SALE

So, Let the Cost of golf balls be x (Currency in $)

x + 0.26x + 0.18x = 30

or, 1.44 x = 30

or, x = 30 / 1.44

= $ 20.833 per dozen

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