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The unit price helps you to compare the true cost of an item. Let's say an item is priced $4.00 for a 32oz package, and $2.40 for a 20oz package, it is not readily clear which is a bargain. However the unit price of the 32oz package is 4/32 = 12.5 cents per ounce and the unit price of the 20oz package is 12.0 cents per ounce. If you have a large family and want to buy 160oz of the product, you can buy 160/32 = 5 packages of 32oz which will cost you 160x12.5 = $20 or you can buy 160/20 = 8 packages of 20oz which will cost you 160x12 = $19.20

Thus the unit price will help you determine quickly which package is a better buy.

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Why do you divide to find out unit price?

Take the total price and divide it by the number of units, to find out unit price.


What is unit selling price?

In my openion , Unit Selling price is the price per unit or item offered by a Seller to purchaser. IT might be without discount or with discount.


What is another name for unit rate?

Another name for unit rate is "unit price." It refers to the cost or value of a single unit of measurement, often used in contexts like pricing per item or per quantity, such as price per pound or price per item. This term helps in comparing different quantities and making informed purchasing decisions.


Jim wants to buy some new shoes. A local shoe shop has a pair for 59.95 with a 10 discount. Another shop has the same pair for 75.99 with a 25 discount. Determine the amount of the lower price.?

To find the lower price, we first calculate the final price at each shop. For the local shoe shop, the price after the discount is (59.95 - 10 = 49.95). For the other shop, the price after the discount is (75.99 - 25 = 50.99). Therefore, the lower price is (49.95) from the local shoe shop.


What is a non example of unit price?

A non-example of unit price is the total cost of a bulk purchase, such as buying a dozen eggs for $3. While this total price indicates the overall cost, it does not provide the per-item cost, which is necessary to determine the unit price. Unit price specifically refers to the cost of a single item or unit, such as the price of one egg, which would be $0.25 in this case.

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