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4 . If a company knows that its profits are 1 5 % of the selling price and expenses are 3 0 % of cost

4. If a company knows that its profits are 15% of the selling price and expenses are 30% of cost.
g. What is the cost of a laptop player that has a regular selling price of $999.99?
h. Show your formula and the calculation used
i.
5. Sports Inn Bowling Lanes has set a pricing objective to maintain a markup of $10.50 on lane rentals. The cost of providing the rental is $4.00. Every day, (Early) bowlers before 5 p.m. pay half-full price while (twilight) bowlers after 5 p.m. pay full- price equaling $15.00. Typically, 75% of the bowlers are twilight bowlers.
i. What regular price and sale price should Sports Inn set to meet its pricing objective?

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