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In 2005, a school bought 500 dozen pencils at $0.40 per dozen. In 2008, only 75 percent as many pencils were bought as were bought in 2005, but the price per dozen was 20 percent higher than the 2005 price. The total cost of the pencils bought in 2008 was

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In 2005, a school bought 500 dozen pencils at $0.40 per dozen. In 2008, only 75 percent as many pencils were bought as were bought in 2005, but the price per dozen was 20 percent higher than the 2005 price. The total cost of the pencils bought in 2008 was






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