SOLUTION: Elliot paid 1.50 a dozen of flowers. He sold all but 5 dozen of them for $2 a dozen, making a profit of $18. How many dozen flowers did he buy?

Question 318437: Elliot paid 1.50 a dozen of flowers. He sold all but 5 dozen of them for $2 a dozen, making a profit of $18. How many dozen flowers did he buy?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Elliot paid 1.50 a dozen of flowers. He sold all but 5 dozen of them for $2 a dozen, making a profit of $18. How many dozen flowers did he buy?
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Original cost of one dozen flowers: 1.5
Original cost of x dozen flowers: 1.5x dollars
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Equation:
Selling revenue - Cost = 18 dollars
2(x-5) - 1.5x = 18
2x-10 -1.5x = 18
0.5x = 28
x = 56 dozen
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Cheers,
Stan H.

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