We have been given that bought a pound of confetti for $12. We are asked to find price per ounce of confetti.
We know that 1 pound equals 16 ounces. To find cost of per ounce confetti, we will divide total cost by 16 as:
![\text{Cost of per ounce confetti}=(\$12)/(16)](https://img.qammunity.org/2021/formulas/mathematics/high-school/j4oa5110334jyphgytjfejuk35cicihl1y.png)
![\text{Cost of per ounce confetti}=(\$3)/(4)](https://img.qammunity.org/2021/formulas/mathematics/high-school/l4lot5j2r8eiovyrdf3iv3cxy2br95gjkx.png)
![\text{Cost of per ounce confetti}=\$0.75](https://img.qammunity.org/2021/formulas/mathematics/high-school/aitzhxczj4k8qjlzwh30z626v0yosve84g.png)
Therefore, the cost of per ounce confetti is $0.75