SOLUTION: For $3.80 a frocer buys a case of fruit which contains 12 dozen. She knows that two dozen will spoil before she sells them. At what price per dozel must she sell the good ones to g
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Question 584668: For $3.80 a frocer buys a case of fruit which contains 12 dozen. She knows that two dozen will spoil before she sells them. At what price per dozel must she sell the good ones to gain half of the whole cost?
Answer by ankor@dixie-net.com(22740) (Show Source): You can put this solution on YOUR website!
For $3.80 a grocer buys a case of fruit which contains 12 dozen.
he knows that two dozen will spoil before he sells them.
At what price per dozen must he sell the good ones to gain half of the whole cost?
:
*3.80 = $1.90 is the profit he wants from this
then
3.80 + 1.90 = $5.70; the revenue required from the 10 unspoiled dozen
:
= 57 cents a dozen to realize a profit of $1.90
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