SOLUTION: For $1.80 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
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Question 793387: For $1.80 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 1/3 of the whole cost?
Answer by josgarithmetic(39614) (Show Source): You can put this solution on YOUR website!
GAIN (1/3) of the whole cost of $1.80, is dollars. The cost given was for all 12 dozen. NOW, the selling cost, or the revenue must be 2.40 dollars. This 2.40 dollars must be equally distributed among the 10 dozen which are still good.
2.40 dollars per 10 dozen is:
dollars per dozen.
This is 24 cents per dozen.
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