At Store 1 I Can Buy 36 Oz Of Baby Formula For $26.62, And At Store 2 I Can Buy 28 Oz Of Baby Formula For $22.42. Which One Is A Better Buy And By How

At Store 1 I can buy 36 oz of baby formula for $26.62, and at Store 2 I can buy 28 oz of baby formula for $22.42. Which one is a better buy and by how much?

 

Answer:

The baby formula in Store 1 is better buy than of the Store 2 at about $0.062 per ounce difference or savings.

Computation:

Solving for the cost of baby formula per ounce of each store.

Store\:1:\frac{\$26.62}{36\:oz}\approx\$0.739/oz\\\\Store\:2:\frac{\$22.42}{28\:oz}\approx\$0.801/oz

Solving for the difference of the costs of baby formula per ounce of both stores.

\$0.801/oz-\$0.739/oz=\$0.062/oz


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