Answer:
About $0.10 per ounce
Step-by-step explanation:
12 pound costs $18.75. Lets find the cost per pound first:
Cost Per Pound = [tex]\frac{18.75}{12}=1.5625[/tex]
We know, there are 16 ounces in 1 pound.
We know 1 pound costs 1.5625
To find cost per ounce, we have to divide this by 16.
So,
Cost Per Ounce = [tex]\frac{1.5625}{16}=0.097[/tex]
Rounded to nearest cent, that would be 10 cents per ounce
