At the grocery store, you buy a carton of milk for $1.95, a loaf of bread for $0.85, and a box of cereal for 92.05. Use mental math to find the total cost of the groceries.

To find the total cost of the groceries, let's break it down into smaller parts using mental math. Here are the prices of the items you purchased:

- Milk: $1.95
- Bread: $0.85
- Cereal: $92.05

First, add the prices of the milk and the bread:

\[ 1.95 + 0.85 \]

Consider the whole numbers and the decimal parts separately:

Whole numbers: \( 1 + 0 = 1 \)
Decimal parts: \( 0.95 + 0.85 \)

Breaking down the decimal addition:

\[ 0.95 + 0.85 = 1.80 \]

Now, combine the whole number with the decimal sum:

\[ 1 + 1.80 = 2.80 \]

Next, add this result to the price of the cereal:

\[ 2.80 + 92.05 \]

Combine the whole numbers first:

\[ 2 + 92 = 94 \]

Now add the decimal parts:

\[ 0.80 + 0.05 = 0.85 \]

Combine these results to get the total cost:

\[ 94 + 0.85 = 94.85 \]

So, the total cost of the groceries is:

\[ \boxed{94.85} \]