Unit Price

Front

What is a unit price?

Back

The unit price is the cost per single unit of measure, allowing consumers to compare prices of different sizes or quantities.

Front

How do you calculate the unit price?

Back

To calculate the unit price, divide the total price by the total quantity (Unit Price = Total Price / Total Quantity).

Front

If a 7.2 oz bag of Goldfish costs $1.99, what is the unit price?

Back

Unit Price = $1.99 / 7.2 oz = $0.2764 per oz.

Front

If a 13.7 oz bag of Cheez-its costs $2.70, what is the unit price?

Back

Unit Price = $2.70 / 13.7 oz = $0.1971 per oz.

Front

Which is the better deal: Goldfish at $1.99 for 7.2 oz or Cheez-its at $2.70 for 13.7 oz?

Back

Cheez-its are the better deal because they have a lower unit price.

Front

What is the formula to find the total cost when given the unit price and quantity?

Back

Total Cost = Unit Price x Quantity.

Front

If gas costs $2.03 per gallon and you spend $32.48, how many gallons did you buy?

Back

Gallons = Total Cost / Unit Price = $32.48 / $2.03 = 16 gallons.

Front

What is the price per ticket if four concert tickets cost $252?

Back

Price per ticket = Total Cost / Number of Tickets = $252 / 4 = $63.00.

Front

How do you determine the better buy between two products?

Back

Calculate the unit price for each product and compare them; the one with the lower unit price is the better buy.

Front

If an 8-ounce bottle of soap costs $7.28, what is the unit price?

Back

Unit Price = $7.28 / 8 oz = $0.91 per oz.