Unit Prices

Question 2 • POP Financial Math 26/27

Say you are grocery shopping and you come across an item for which the unit price is not labeled. How can you find the unit price on your own?

Answer

Look at the nutrition facts on the package and find the percent value of the calories the item contains, then divide the price by that value.

Find a convenient and reasonable unit of measurement to use, then divide the cost of the package by the number of units chosen in that package.

Find a different item of comparable type and divide the cost of your item by the cost of the similar item.

You can’t find the unit price without knowing how much the item cost to produce, so you will need to contact the grower or manufacturer.

Explanation

To calculate a unit price, choose a useful unit of measurement, such as an ounce, pound, or item, and divide the package price by the number of those units in the package. For example, a $6 package containing 12 units costs $0.50 per unit. This matches choice B, “divide the cost of the package by the number of units chosen in that package.”

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