Answer:
Step-by-step explanation:
From the problem statement, the following equation can be formed:
[tex]3.5P + 4.95 = 27.70[/tex]
where [tex]P[/tex] is the price of steak per pound. Solving for [tex]P[/tex] will give us our answer:
[tex]3.5P = 22.75[/tex]
[tex]P = 6.50[/tex]