Item 1 has a price of 7.92 for a quantity of 8 and Item 2 has a price of 13.72 for a quantity of 14. Which is the better buy?

  Item 1Item 2
Price
Quantity
  

Item 1 has a price of 7.92
for a quantity of 8
and Item 2 has a price of 13.72
for a quantity of 14.
Which is the better buy?

Calculate Unit Price

Unit Price  =  Price
  Quantity

Calculate Unit Price 1:

Unit Price 1  =  P1
  Q1

Unit Price 1  =  7.92
  8

Unit Price 1 = 0.99

Calculate Unit Price 2:

Unit Price 2  =  P2
  Q2

Unit Price 2  =  13.72
  14

Unit Price 2 = 0.98


Since Item 2 has a lower unit price than Item 1,
Item 2 is the Better Buy.





What is the Answer?

Since Item 2 has a lower unit price than Item 1,
Item 2 is the Better Buy.

How does the Better Buy Comparison Calculator work?

Given two items with a price and quantity, this determines which is the better buy by comparing unit prices. Finds the better deal.
This calculator has 4 inputs.

What 3 formulas are used for the Better Buy Comparison Calculator?

  1. Unit Price 1 = Price 1/Quantity 1
  2. Unit Price 2 = Price 2/Quantity 2
  3. Better Buy = Minimum(Unit Price 1, Unit Price 2)

For more math formulas, check out our Formula Dossier

What 3 concepts are covered in the Better Buy Comparison Calculator?

better buy
Comparing two price and quantity measurements to see which offer is better
compare
estimate, measure, or note the similarity or difference between
price
the amount of money expected, required, or given in payment for something

Example calculations for the Better Buy Comparison Calculator

  1. $7.92 for 8lbs. or $13.72 for 14lbs.

Better Buy Comparison Calculator Video


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