like lets say you had 27 grams of sugar per pound, then it means how much of something you have per pound
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The phrase "per" can mean the price per item. How much each item would cost if the total cost was bundled. It can also refer to a ratio of people. Like how many adults per children in a day-care setting.
per
prep.
1. To, for, or by each; for every: Gasoline once cost 40 cents per gallon.
2. According to; by: Changes were made to the manuscript per the author's instructions.
3. By means of; through.
adv. Informal.
1. For each one; apiece: sold the cookies for one dollar per.
2. Per hour: was driving at 60 miles per.
Source: http://www.answers.com/per?gwp=11&ver=2.3.0.609&method=3
it mean per rate
Per day means everyday in one time
If you mean $20.00 per hour, it is 20x40x52=$41,600.00 per year.
For a hundred years.
Per means "for each", so maybe you walk at 4 miles per hour.