Answer:
Brand A = $0.04 per fork
Brand B = $0.03 per fork
Brand B is the better buy
Explanation:
Unit price refers to the price for one item or quantity or commodity. In simpler terms, it is the price for each item (in this case, it is the price for 1 fork)
From the question, we were given that:
Brand A is a box of 36 forks & is sold for $1.54
Brand B is a box of 48 forks & is sold for $1.66
Of these 2 brands, we want to know which of them is the better purchase option
To do this, we will proceed to obtain the unit price for both Brands A & B. This is shown below:
[tex]\begin{gathered} Unit.Price=\frac{Amount}{Number.of.forks.in.set} \\ \\ Brand\text{ }A=\frac{1.54}{36} \\ Brand\text{ }A=0.04278\approx0.04 \\ Brand\text{ }A=\text{\$}0.04(\text{to the nearest cent)} \\ \\ Brand\text{ }B=\frac{1.66}{48} \\ Brand\text{ }B=0.03458\approx0.03 \\ Brand\text{ }B=\text{\$}0.03(\text{to the nearest cent)} \end{gathered}[/tex]
This means that for Brand A, each fork costs 4 cents while for Brand B, each fork costs 3 cents
Brand B is the better buy because it has a lower unit price compared to Brand A
