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vurt777 vurt777
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A year ago
The Pro Shop at Sunny Lake Golf and Country Club prices its golf club sets to allow for overhead of 33⅓% of cost and profit of 20% of cost.

a) What is the regular selling price as a percentage of cost?
b) What discount rate can the Pro Shop offer to club members if it will accept half of the normal profit on member purchases?

Round both answers to 2 decimal places.
Textbook 
Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
Authors:
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olsondiolsondi
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A year ago
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