Price Per Unit Formula:
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Price per unit is a calculation that shows the cost of one unit of a product when you know the total price and the number of units. It helps compare the value of different products or package sizes.
The calculator uses the simple formula:
Where:
Explanation: This calculation divides the total cost by the number of units to determine the cost of each individual unit.
Details: Calculating price per unit helps consumers and businesses make informed purchasing decisions by standardizing costs across different package sizes and quantities.
Tips: Enter the total price in dollars and the number of units. Both values must be positive numbers (price > 0, units > 0).
Q1: Why calculate price per unit?
A: It allows for accurate comparison between different products or package sizes to determine which offers better value.
Q2: What units can I use?
A: Any consistent unit of measure - ounces, pounds, liters, individual items, etc. Just be sure to compare the same units.
Q3: How precise should the calculation be?
A: For most purposes, 2-4 decimal places is sufficient, though the calculator provides more precision when needed.
Q4: Does this work for bulk purchases?
A: Yes, the calculation works the same way regardless of purchase size - from single items to bulk quantities.
Q5: Can I use this for services?
A: Yes, if the service can be quantified in units (like hours of service or square feet cleaned), you can calculate a per-unit cost.