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Michael paid $15.54 for a 2.12-pound bag of shrimp at one store. The following week, he paid $33.89 for a 4.54-pound bag at another store.Find the unit price for each bag. Then state which bag is the better buy based on the unit price.Round your answers to the nearest cent.

Question

Michael paid 15.54fora2.12poundbagofshrimpatonestore.Thefollowingweek,hepaid15.54 for a 2.12-pound bag of shrimp at one store. The following week, he paid 33.89 for a 4.54-pound bag at another store.Find the unit price for each bag. Then state which bag is the better buy based on the unit price.Round your answers to the nearest cent.

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Solution

To find the unit price for each bag, we need to divide the total cost of each bag by its weight.

For the first bag: 15.54÷2.12lbs=15.54 ÷ 2.12 lbs = 7.33 per pound (rounded to the nearest cent)

For the second bag: 33.89÷4.54lbs=33.89 ÷ 4.54 lbs = 7.47 per pound (rounded to the nearest cent)

Therefore, the first bag of shrimp is the better buy based on the unit price.

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