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Part 1
A grocery store sells four different jars of peanut butter. Determine which is the best​ buy, based on the cost per unit.
14 ounces for ​$1.47 22 ounces for ​$2.05
28 ounces for ​$3.30 36 ounces for ​$4.03

1 answer

To find the best buy based on the cost per unit (cost per ounce), we need to calculate the cost per ounce for each jar of peanut butter.

  1. 14 ounces for $1.47: \[ \text{Cost per ounce} = \frac{1.47}{14} \approx 0.1050 \text{ dollars per ounce} \]

  2. 22 ounces for $2.05: \[ \text{Cost per ounce} = \frac{2.05}{22} \approx 0.0932 \text{ dollars per ounce} \]

  3. 28 ounces for $3.30: \[ \text{Cost per ounce} = \frac{3.30}{28} \approx 0.1179 \text{ dollars per ounce} \]

  4. 36 ounces for $4.03: \[ \text{Cost per ounce} = \frac{4.03}{36} \approx 0.1112 \text{ dollars per ounce} \]

Now let's summarize the cost per ounce for each option:

  • 14 ounces: $0.1050
  • 22 ounces: $0.0932
  • 28 ounces: $0.1179
  • 36 ounces: $0.1112

Based on these calculations, the jar with the lowest cost per ounce is the 22 ounces for $2.05, at approximately $0.0932 per ounce. Therefore, it is the best buy.

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