A grocery store sells a bag of 3 oranges for $2.01. What is the unit cost?
Understand the Problem
The question is asking to find the unit cost of one orange given that a bag of 3 oranges costs $2.01. To find the unit cost, we will divide the total cost by the number of oranges.
Answer
The unit cost of one orange is $0.67.
Answer for screen readers
The unit cost of one orange is $0.67.
Steps to Solve
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Identify the total cost and quantity The total cost for the bag of oranges is $2.01, and the quantity is 3 oranges.
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Set up the division for unit cost To find the unit cost, divide the total cost by the number of oranges: $$ \text{Unit Cost} = \frac{\text{Total Cost}}{\text{Number of Oranges}} = \frac{2.01}{3} $$
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Perform the calculation Now, calculate the unit cost: $$ \text{Unit Cost} = \frac{2.01}{3} \approx 0.670 $$
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Round the answer Since currency is typically expressed to two decimal places, we round 0.670 to $0.67.
The unit cost of one orange is $0.67.
More Information
The pricing of items per unit is a common practice in grocery shopping, helping consumers understand the value of items by comparing costs.
Tips
- Miscalculating the division by not performing it correctly. Always check your arithmetic.
- Forgetting to round the final answer to two decimal places for currency.
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