Determine the Better Buy

Question

which one is a better buy? 

 

A) a 15-ounce can of fruit cocktail for $2.25

b) a 20-ounce can of fruit cocktail for $3.40

 

step by step answer 

Answer 1

The key to this problem is to determine for which of the two products can you purchase the most of the same amount. To do that, you simply determine the volume of product/ dollar amount.

 

For the first product, (15 oz/2.25) = 6.7 oz/ dollar

For the second product, (20 oz/ 3.40) = 5.9 oz/ dollar

 

Thus, choice A is the better value as you can purchase more product for the same amount.