BUSINESS ADMINISTRATION
FINANCIAL MANAGEMENT
Question
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A store is selling five cans of tomato sauce for $5.25. What is the unit price?unit price = total price ÷ number of units per package
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$1.05
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$10.25
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$26.25
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Explanation:
Detailed explanation-1: -Then the unit price of cans is what each can costs individually. The unit price should then be less than $ 5.25, and that is the price for 5 cans and we want to know the price for just one can of ketchup. Then to calculate the price of each can divide the price of the 5 cans by 5.
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