document.write( "Question 1196789: a grocer bought some oranges at a cost of 8 for 96 cents and then 2/3 times as many at a cost of 6 for 1.02. In order to make a profit 50%, he must sell all of them at a price of a dozen for $m. Find the value of m in dollars. \n" ); document.write( "
Algebra.Com's Answer #829968 by MathTherapy(10552)\"\" \"About 
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\n" ); document.write( "a grocer bought some oranges at a cost of 8 for 96 cents and then 2/3 times as many at a cost of 6 for 1.02. In order to make a profit 50%, he must sell all of them at a price of a dozen for $m. Find the value of m in dollars.
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Let N be the number of oranges purchased 1st\r\n" );
document.write( "Then amount paid for the 1st purchase = \"matrix%281%2C3%2C+%28.96%2F8%29N%2C+%22=%22%2C+.12N%29\"\r\n" );
document.write( "With \"matrix%281%2C5%2C+2%2F3%2C+of%2C+%22N%2C%22%2C+or%2C+2N%2F3%29\" being the amount purchased after, the amount paid for the 2nd purchase = \r\n" );
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document.write( "With sale price of $m per dozen, each orange was sold for \"m%2F12\"\r\n" );
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document.write( "    Total number of oranges purchased: \"matrix%281%2C5%2C+N+%2B+2N%2F3%2C+%22=%22%2C+%283N+%2B+2N%29%2F3%2C+%22=%22%2C+5N%2F3%29\"\r\n" );
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document.write( "Total cost of \"5N%2F3\" oranges: \r\n" );
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document.write( "To realize a 50% profit, we then get: \"matrix%281%2C3%2C+%28m%2F12%29%285N%2F3%29%2C+%22=%22%2C+1.5+%2A+%28.7N%2F3%29%29\"\r\n" );
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