Step 1: Understand the problem. We are asked to find the unit price of the wire, which means the cost of one meter of wire.

Step 2: Identify the given values. We know that 8 meters of wire costs $7.75.

Step 3: Set up the calculation. To find the unit price, we divide the total cost by the total quantity. In this case, we divide $7.75 by 8.

Step 4: Perform the calculation. $7.75 ÷ 8 = $0.96875.

Step 5: Round to the nearest cent. The unit price of the wire, rounded to the nearest cent, is $0.97.

Question

Step 1: Understand the problem. We are asked to find the unit price of the wire, which means the cost of one meter of wire.

Step 2: Identify the given values. We know that 8 meters of wire costs $7.75.

Step 3: Set up the calculation. To find the unit price, we divide the total cost by the total quantity. In this case, we divide $7.75 by 8.

Step 4: Perform the calculation. $7.75 ÷ 8 = $0.96875.

Step 5: Round to the nearest cent. The unit price of the wire, rounded to the nearest cent, is $0.97.

Knowee AI · Accepted Answer

Step 1: Understand the problem. We are asked to find the unit price of the wire, which means the cost of one meter of wire.

Step 2: Identify the given values. We know that 8 meters of wire costs $7.75.

Step 3: Set up the calculation. To find the unit price, we divide the total cost by the total quantity. In this case, we divide $7.75 by 8.

Step 4: Perform the calculation. $7.75 ÷ 8 = $0.96875.

Step 5: Round to the nearest cent. The unit price of the wire, rounded to the nearest cent, is $0.97.

An 8-meter piece of wire costs $7.75. What is the unit price, rounded to the nearest cent?