A 5-ounce bottle of hand lotion costs $1.64. What is the unit price, rounded to the nearest cent?
Question
A 5-ounce bottle of hand lotion costs $1.64. What is the unit price, rounded to the nearest cent?
Solution
Step 1: Identify the total cost and total quantity. In this case, the total cost is $1.64 and the total quantity is 5 ounces.
Step 2: Divide the total cost by the total quantity to find the unit price. So, 0.328.
Step 3: Round the result to the nearest cent. So, the unit price is approximately $0.33 per ounce.
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