Describe a simple process for using rates and unit prices that might help someone who is having difficulty understanding these concepts. Include an example of your own to explain the solution process.

Solution Preview

A rate is a ratio that is used to compare different kinds of quantities.
A unit rate describes how many units of the first type of quantity corresponds to one unit of the second type of quantity.
The unit rate "miles per hour" gives distance (first quantity) traveled per unit of time (second quantity).

Some common unit rates are miles (or kilometers) per hour, cost per item, earnings per week, etc. In each case the first quantity is related to 1 unit of the second quantity.

A unit price is a rate comparing the price of an item to its unit of measure.

Problems using this type of rate can be solved using a proportion, or a formula.

Rate is a ...

Solution Summary

The solution describes a simple process for using rates and unit prices that might help someone who is having difficulties understanding these concepts. An explain is included.

... Section of Basic Page Numbers Exercises Mathematical Skills with ... Learning Resources Be sure to review how to ... is 0.36/5.5 = $0.06545 The unit prices for the ...

... 9. Find the unit price for the item: $35.80 for 4 ... Is the rate equivalent to the rate ? ... comprised of step-by-step calculation of basic math ratios, measurement ...

... 11. If the CPI was 110 last year and is 121 this year, what is this year's rate of inflation? ... 1. Given: Selling price per unit, $20; total fixed expenses ...

... The sales tax rate in a state is 7.5%. ... 1 1 1 1 ( g ) × 11 ( c / g ) = 13 × 11 ( cents ) Show work: The total cost = weight * unit price = 13 4 2 4 2. ...

... 45,298 Net Present Value 254,441 MACRS 3 year table, rate is 0.33 ... Net Income + Depreciation I need help on two basic/intermediate finance ... The unit price is $40. ...

... Principal annually (at the end of each r --- rate of interest year ... Exam Page 5 of 10 the total cost of the ... square units Shaded part = 72 square units a) 72/100 ...

... a $3,600 loan, which charged a simple interest rate of 12.5 ... to show your work and answer in the appropriate units. ... Let us find the price of 1 pound of molasses ...

... to 394 share in upside potential, so it has low rate. ... is 250 units; Webster's annual usage forecast is 5,000 units; and the annual 11 carrying cost of this ...

... method, define variables, find how many units of each ... are required to meet the biologists need at minimum cost? ... The response received a rating of "5/5" from ...