Unit Price Formula:
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Unit price is the cost per single item or unit of measure. It allows consumers to compare prices of products sold in different quantities or package sizes to determine which offers the best value.
The calculator uses the simple formula:
Where:
Explanation: Dividing the total price by the quantity gives you the price per individual unit, making it easier to compare products.
Details: Calculating unit price helps consumers make informed purchasing decisions, especially when comparing similar products in different package sizes or quantities.
Tips: Enter the total price in GBP (including pence) and the quantity in whole units. Both values must be greater than zero.
Q1: Why is unit price important when shopping?
A: Unit price helps you determine which product offers the best value, especially when packages contain different quantities.
Q2: Should I always choose the product with the lowest unit price?
A: Not necessarily. Consider quality, your actual needs, and whether you'll use all the quantity before making a decision.
Q3: How do I account for discounts when calculating unit price?
A: Use the discounted total price (after any promotions) in your calculation for accurate comparison.
Q4: Does this calculator work for metric measurements?
A: Yes, as long as you're consistent with your units (e.g., price per 100g vs price per kg).
Q5: Where is unit price typically displayed in UK stores?
A: UK supermarkets are required to display unit pricing on shelf labels, usually in £/kg, £/litre, or £/item.