Question

A medium can of tomato juice costs $0.92 and contains 46 ounces of tomato juice. A large can of tomato juice costs $3.60 and contains 144 ounces of tomato juice. Which can of tomato juice the lower unit price? How much lower?

Answer 1

The medium-sized can is the cheaper by the oz, and is $0.005 per oz. cheaper.

Explanation:

Medium can: $0.92/(46 oz) = $0.020/oz

Large can: $3.60 / (144 oz) = $0.025/oz

Surprisingly, the medium can price per oz. is lower than that of the large can. The difference is $0.005 per oz.