Gary the monkey

Have you ever been to the grocery store and wondered what that colored label located next to the price label was? That colored label is the product’s unit price. Unit prices provide consumers with a simple way of value comparing products in a given category. Unit prices are not magic numbers, but rather a simple calculation consisting of the total item price divided by a set measurement unit. If Campbells soup was $3.00 for 12 fluid ounces and the measurement unit for soup was 1 fluid ounce, using simple algebra we can determine that if $3.00 buys you 12 ounces of soup, $.25 would buy you one fluid ounce of that same soup.