Question

In a certain grocery store, strawberries cost $5.76 per pound ( 5.76 dollars/lb ). what is the cost per ounce? express your answer numerically to the hundredths place.

Answer 1

Answer : The cost per ounce is, 0.36 dollars/ounce

Solution : Given,

The cost of strawberries = 5.76 dollars per pound

As we know that,

1 dollars per ounce is equal to the 16 dollars per pound

or,

1 dollars per pound is equal to 0.0625 dollars per ounce

5.76 dollars per pound is equal to $0.0625\times 5.76=0.36$ dollars per ounce

Therefore, the cost per ounce is, 0.36 dollars/ounce

Answer 2

$6.72/lb = $6.72/16 oz = $0.42/oz = 42 cents per ounce 

RE: "numerically to the hundredths place." 

Since, in this case, you're dealing with money, "the hundredths place" simply means, "to the nearest cent."