For $4.50, a grocer buys a case of fruit which contains 14 dozen. She knows that four dozen will spoil before she sells them. At what price per dozen must she sell the good ones to gain 1/3 of the whole cost?

1 answer

To solve the problem, we start by determining the total cost of the case of fruit and how many good dozens remain after accounting for spoilage.

  1. Calculating the Total Cost: The grocer buys a case of fruit for $4.50.

  2. Total Dozens in the Case: The case contains 14 dozen.

  3. Spoilage: The grocer expects 4 dozen to spoil. Therefore, the number of good dozens left is: \[ 14 \text{ dozen} - 4 \text{ dozen} = 10 \text{ dozen} \]

  4. Calculating the Target Profit: The grocer wants to gain \( \frac{1}{3} \) of the total cost. Therefore, the desired profit can be calculated as follows: \[ \text{Profit} = \frac{1}{3} \times 4.50 = \frac{4.50}{3} = 1.50 \]

  5. Determining the Total Revenue Needed: To achieve this profit, the total revenue from selling the good fruit must be: \[ \text{Total Revenue} = \text{Total Cost} + \text{Profit} = 4.50 + 1.50 = 6.00 \]

  6. Calculating the Selling Price per Dozen: To find the price per dozen for the good fruit, we divide the total revenue needed by the number of good dozens: \[ \text{Price per dozen} = \frac{\text{Total Revenue}}{\text{Number of Good Dozens}} = \frac{6.00}{10} = 0.60 \]

Thus, the price per dozen that the grocer must sell the good fruit for in order to gain \( \frac{1}{3} \) of the whole cost is \(\boxed{0.60}\).