Question

A 10-ounce package of cashews costs $8.11, and a 16-ounce package of cashews costs $12.Calculate the cost per ounce of each package.Which package, the 10-ounce or the 16-ounce package, is the better buy? In the box below write the cost per ounce of each package and state which package is the better buy.

Answer 1

The better buy is 12-ounce package

Explanation:

Step one:

given data

we are told that 10 ounces cost $8.11

and also 16 ounces cost $12

Required

The unit cost per ounce

for the 10 ounce package

the unit cost = 8.11/10=$0.81 per ounce

for the 12 ounce package

the unit cost = 12/16=$0.75 per ounce

the better buy is 12-ounce package because the unit cost is cheaper than that of the 10-ounce package by $0.06