Question

Computing unit prices to find the better buyReuben paid $11.96 for a 2.24-pound bag of shrimp at one store. The following week, he paid $17.24 for a 3.12-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 2.24-pound bag:si per poundsi per poundUnit price for the 3.12-pound bag:The better buy:The 2.24-pound bagThe 3.12-pound bagNeither (They have the same unit price)

Answer 1

In order to calculate the unit price, we need to divide the price of a bag by the number of pounds of that bag.

So, for the first bag, the price is $11.96 and the weight is 2.24, so the unit price is:

`\text{unit price bag 1}=(11.96)/(2.24)=5.34`

Now, for the second bag ($17.24, 3.12 pounds), we have:

`\text{ unit price bag 2}=(17.24)/(3.12)=5.53`

The first bag has a smaller unit price, therefore the better buy is the 2.24-pound bag.