The price of a loaf of bread is $1.50, the price of a gallon of milk is $3.00, and the price of a pound of butter is $2.40. The price of a loaf of bread relative to a gallon of milk is ________, while the price of a gallon of milk relative to a pound of butter is ________.

Question

Quizplus · Accepted Answer

To find the relative price of a loaf of bread to a gallon of milk, we divide the price of bread by the price of milk:

1.50/3.00 = 0.5

Therefore, the relative price of a loaf of bread to a gallon of milk is 0.5.

To find the relative price of a gallon of milk to a pound of butter, we divide the price of milk by the price of butter:

3.00/2.40 = 1.25

Therefore, the relative price of a gallon of milk to a pound of butter is 1.25.

The best choice that matches both answers is B.

The Price of a Loaf of Bread Is $1