Select The Correct Answer.A Store Is Selling 5 Cans Of Tomato Sauce For $4.50. What Is The Unit Price? A. $0.90 B. $4.50 C. $22.50
Understanding Unit Price
Unit price is a fundamental concept in mathematics that helps us determine the cost of a single unit of a product. It is calculated by dividing the total cost of the product by the number of units. In this article, we will explore how to calculate unit price using a real-life example.
The Problem
A store is selling 5 cans of tomato sauce for $4.50. What is the unit price?
Calculating Unit Price: A Step-by-Step Approach
To calculate the unit price, we need to follow these steps:
- Identify the total cost: The total cost of the 5 cans of tomato sauce is $4.50.
- Identify the number of units: The number of units is 5 cans.
- Divide the total cost by the number of units: To calculate the unit price, we need to divide the total cost by the number of units.
Calculating the Unit Price
Let's calculate the unit price using the formula:
Unit Price = Total Cost ÷ Number of Units
Unit Price = $4.50 ÷ 5
Unit Price = $0.90
Analyzing the Options
Now that we have calculated the unit price, let's analyze the options:
A. $0.90 B. $4.50 C. $22.50
Based on our calculation, the correct answer is:
A. $0.90
Why is Option A the Correct Answer?
Option A is the correct answer because it accurately reflects the unit price of the 5 cans of tomato sauce. The unit price is calculated by dividing the total cost by the number of units, which gives us $0.90 per can.
Why are Options B and C Incorrect?
Options B and C are incorrect because they do not accurately reflect the unit price of the 5 cans of tomato sauce. Option B is the total cost of the 5 cans, while Option C is an incorrect calculation.
Conclusion
Calculating unit price is a crucial concept in mathematics that helps us determine the cost of a single unit of a product. By following the steps outlined in this article, we can calculate the unit price using a real-life example. Remember, unit price is calculated by dividing the total cost by the number of units.
Real-Life Applications of Unit Price
Unit price has many real-life applications, including:
- Shopping: When shopping, it's essential to calculate the unit price to ensure you're getting the best deal.
- Cooking: When cooking, it's essential to calculate the unit price of ingredients to ensure you're using the right amount.
- Business: When running a business, it's essential to calculate the unit price of products to ensure you're making a profit.
Final Thoughts
Q: What is unit price?
A: Unit price is the cost of a single unit of a product. It is calculated by dividing the total cost of the product by the number of units.
Q: Why is unit price important?
A: Unit price is important because it helps us determine the cost of a single unit of a product. This is essential when shopping, cooking, or running a business.
Q: How do I calculate unit price?
A: To calculate unit price, you need to follow these steps:
- Identify the total cost: The total cost of the product.
- Identify the number of units: The number of units of the product.
- Divide the total cost by the number of units: To calculate the unit price.
Q: What is the formula for calculating unit price?
A: The formula for calculating unit price is:
Unit Price = Total Cost ÷ Number of Units
Q: Can I use unit price to compare prices between different products?
A: Yes, you can use unit price to compare prices between different products. This is especially useful when shopping for products with different quantities or sizes.
Q: How do I use unit price in real-life situations?
A: You can use unit price in real-life situations such as:
- Shopping: When shopping, use unit price to compare prices between different products.
- Cooking: When cooking, use unit price to determine the cost of ingredients.
- Business: When running a business, use unit price to determine the cost of products and ensure you're making a profit.
Q: What are some common mistakes to avoid when calculating unit price?
A: Some common mistakes to avoid when calculating unit price include:
- Not identifying the total cost: Make sure to identify the total cost of the product.
- Not identifying the number of units: Make sure to identify the number of units of the product.
- Not dividing the total cost by the number of units: Make sure to divide the total cost by the number of units to calculate the unit price.
Q: Can I use unit price to calculate the cost of a product with a discount?
A: Yes, you can use unit price to calculate the cost of a product with a discount. Simply subtract the discount from the total cost and then divide by the number of units.
Q: How do I round unit price to the nearest cent?
A: To round unit price to the nearest cent, simply round the calculated unit price to the nearest cent.
Q: Can I use unit price to compare prices between different stores?
A: Yes, you can use unit price to compare prices between different stores. This is especially useful when shopping for products with different quantities or sizes.
Conclusion
Unit price is a crucial concept in mathematics that helps us determine the cost of a single unit of a product. By following the steps outlined in this article, we can calculate unit price using a real-life example. Remember, unit price is calculated by dividing the total cost by the number of units.