What is the unit price of a dozen eggs that cost $2.88?

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Study for the Finance and Investment Challenge Test. Approaches include flashcards and multiple-choice questions with hints and explanations. Ready yourself to ace the exam!

Multiple Choice

What is the unit price of a dozen eggs that cost $2.88?

Explanation:
Unit price is found by dividing the total cost by the number of units in the package. A dozen eggs has 12 eggs, so the price per egg is 2.88 dollars ÷ 12 = 0.24 dollars, which is 24 cents. That’s the unit price. The other options would result from dividing by a different number of eggs, not by 12, so they don’t match a standard dozen.

Unit price is found by dividing the total cost by the number of units in the package. A dozen eggs has 12 eggs, so the price per egg is 2.88 dollars ÷ 12 = 0.24 dollars, which is 24 cents. That’s the unit price. The other options would result from dividing by a different number of eggs, not by 12, so they don’t match a standard dozen.

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