Answer:
The price per ml of the active ingredient is $7.48
Step-by-step explanation:
step 1
Find the amount of active ingredient in the bottle
we know that
A 40 milliliter (mL) bottle contains a 5% concentration of the active ingredient
5%=5/100=0.05
Multiply 40 milliliter by 0.05 to obtain the amount of active ingredient in the bottle
so
40*0.05=2 ml
step 2
Find out the price per mL of the active ingredient
Calculate the unit rate
Divide $14.96 by the volume of the active ingredient
14.96/2=7.48 $/ml
therefore
The price per ml of the active ingredient is $7.48