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UNIT PRICE
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What is Unit Price? Unit price is the cost of one unit of measure of an item. Unit price is often used in a grocery store to compare the price of two or more brands of the same item.
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Unit Price = Price per Item Measure or Count of Items
Finding Unit Price Unit Price = Price per Item Measure or Count of Items Allows shoppers to compare the prices of items quickly and easily.
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Unit Price = $2 50 plates = $0.04 per plate Metro’s Unit Price Paper
9 oz. For 9 oz. = $0.22 per oz. Cereal Unit Price = $2 13.75 oz For 13.75 oz. = $0.15 per oz.
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What is the better buy? Safeway Select Detergent 300 oz.
$10.99 What is the Unit Price? Wisk Laundry Detergent 100 oz. $4.99 What is the Unit Price? What is the better buy?
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Comparison Shopping: Finding the Better Buy “Finding the Better Buy” is determining which size, store, or deal will give you the most product for your money. We use Unit Prices to compare product sizes to find the better buy. We also use Unit Prices to determine which store or deal will give us the better buy.
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Which is the better buy? Dixie plates $2.49 24 count
Unit Price (per plate)? Hefty plates 2 for $4.00 50 count (each pkg.) Unit Price (per plate)? Which is the better buy?
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Metro Vanguard Which is the better buy? Cheerios 3 for $6
13.75 oz. boxes Unit Price (per oz.)? Vanguard Cheerios 3 for $7.00 15 oz. boxes Unit Price (per oz.)? Which is the better buy?
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Metro’s sells 3 different sizes of mayonnaise as follows:
Small (10 oz.) for $2.33 Normal size (15 oz.) for $2.67 Big Container (22 oz.) for $3.24 Which one is the better buy?
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Metro’s has these paper towels on sale, 8 rolls for $5.99.
However they also sell another larger package, 24 rolls for $16.99. You want to buy these since they are on sale, but which is actually the better buy?
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Bounty: 8 rolls $5.99 Thirsty: 2 rolls $2.99 Now you want to compare these two brands, which are both on sale. You have determined that you want 8 rolls of paper towels. Which brand will you buy?
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CLASS EXERCISE
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Try These! ( Want to volunteer?)
1. Jacob can buy a 32 oz bottle of BBQ sauce for $2.93 or a 36 oz bottle for $ Which is the better buy? 2. John can buy a 8 pencils for $1.25 or a 12 pencils for $ Which is the better buy? 3. Mary made $25.00 for working 7 hours at the mall. How much did Mary make per hour? 4. Lisa paid $ for 3 pair of jeans. What did Lisa pay for each pair of jeans? 5. Bob typed 593 words in 4 minutes. How many words did Bob type per minute?
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Try These! Round to nearest hundredth
$1.96 / 32 = $0.06 (better buy) $3.19 / 36 = $0.09 2. $1.25 / 8 = $0.16 (better buy) $2.00 / 12 = $0.17 3. $25.00 / 7 hours = $3.57 / Hr 4. $ / 3 pair of jeans = $52.67 / jean / 4 minutes = words/minute
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