#### Answer

$ 5.19

#### Work Step by Step

Given Vernice bought a 12 oz bag of chips for $3.89 today
To find the price per pound to the nearest cent
First we need to convert the ounces into pounds
Use a unit fraction with pounds (the unit for your answer) in the numerator, and ounces (the unit being changed) in the denominator. Because16 ounces (oz) = 1 pound (lb), the necessary unit fraction is
(1 lb)/(16 ounces)
Multiply 12 oz times the unit fraction.
12 oz *(1 lb)/(16 ounces) = 3/4 lb= 0.75 lb
Now we find the price per pound= 3.89/0.75 = 5.1866 = $ 5.19(rounded)
Therefore the price per pound to the nearest cent is $ 5.19