Unit prices
key notes :
1. Definition of Unit Price:
- The unit price is the cost per unit of measurement, such as per item, per liter, per kilogram, etc.
- It helps compare prices of products sold in different quantities, allowing consumers to make informed decisions.
2. How to Calculate Unit Price:
- The formula for unit price is:
Example: If 5 kilograms of rice cost $15, the unit price is:
3. Why Unit Prices are Important:
- Comparison: Unit prices help compare the value of similar items sold in different sizes or quantities.
- Budgeting: Consumers can manage their budget by choosing the best deal based on unit price.
- Cost Efficiency: Helps identify the most cost-effective option when buying multiple items.
Learn with an example
🔔 A 3-pack of toy cars costs ₹21.00. What is the unit price?
Find the unit price. Divide the total cost by the number of cars.
₹21.00 ÷ 3 = ₹7.00
The unit price is ₹7.00 per car.
🔔 A 9-kilogram bag of green peppers costs ₹715.50. What is the unit price?
Find the unit price. Divide the total cost by the number of kilograms.
₹715.50 ÷ 9 = ₹79.50
The unit price is ₹79.50 per kilogram.
🔔 A 2-metre roll of white paper costs ₹42.50. What is the unit price?
Find the unit price. Divide the total cost by the number of metres.
₹42.50 ÷ 2 = ₹21.25
The unit price is ₹21.25 per metre.
Let’s Practice!