Rates and Unite Prices (Basic Mathematics)
Not what you're looking for?
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.
Purchase this Solution
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.
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 ...
Purchase this Solution
Free BrainMass Quizzes
Lean your Process
This quiz will help you understand the basic concepts of Lean.
Basic Social Media Concepts
The quiz will test your knowledge on basic social media concepts.
Understanding the Accounting Equation
These 10 questions help a new student of accounting to understand the basic premise of accounting and how it is applied to the business world.
Introduction to Finance
This quiz test introductory finance topics.
Situational Leadership
This quiz will help you better understand Situational Leadership and its theories.