A unit rate is a comparison of two different quantities where one of the quantities is simplified to a value of 1. It tells you 'how much of something per 1 unit of something else'. For example, if a car travels 120 miles in 2 hours, its unit rate (speed) is 60 miles per 1 hour.
The calculation is straightforward: you divide the first quantity (the 'amount') by the second quantity. The result is the amount of the first quantity for every single unit of the second quantity.