Question

Jim paid $12.16 for a 4.07 -pound bag of shrimp at one store. The following week, he paid $14.99 for a 5.11-pound bag at another store. Find the unit price for each bag. Then state which bag is the better buy based on the unit price. Round your answers to the nearest cent. Unit price for the 4.07-pound bag: Unit price for the 5.11-pound bag: The better buy: The 4.07-pound bag The 5.11-pound bag Neither (They have the same unit price)

Answer 1

The unit price for the 4.07-pound bag of shrimp is $2.99 per pound and the unit price for the 5.11-pound bag is $2.93 per pound. The 5.11-pound bag is the better buy since it has a lower unit price.

Step-by-step explanation:

To calculate the unit price for each bag of shrimp, we divide the total cost by the weight of the bag in pounds.

For the 4.07-pound bag that cost $12.16, the unit price is calculated as follows:

Unit price for the 4.07-pound bag = $12.16 ÷ 4.07 pounds = $2.99 per pound (rounded to the nearest cent).

For the 5.11-pound bag that cost $14.99, the unit price is:

Unit price for the 5.11-pound bag = $14.99 ÷ 5.11 pounds = $2.93 per pound (rounded to the nearest cent).

To determine which bag is the better buy, we compare the unit prices.

Since the unit price for the 5.11-pound bag is lower, it is the better buy compared to the 4.07-pound bag.