Problema Solution
A market sold 8 pounds of lettuce at $1.39 per pound, 5 pounds of lettuce at $1.09 per pound, and 12 pounds of lettuce at $0.59 per pound. Calculate the weighted average price per pound, to the nearest cent.
Answer provided by our tutors
(1.39 + 1.09 + 0.59)/(8 + 5 + 12) = $0.1228 = 12.28 cents or 12 cents to the nearest cent.