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There are four quarter ounces in one pound. One pound has 16 ounces, so that divided by four is equal to four.
There are four ounces in a quarter pound.
EDIT: The question was "How many QUARTER OUNCES are in a POUND?". The answer given refers to ounces within a quarter pound. Correction... There are 64 (quarter ounces) in one pound. If you multiply 16 x 4 = 64. There are 4 (quarter pounds) in a one pound.
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