Answer: $0.11 or 11 cents
Step-by-step explanation:
Given: The cost price of 12 pencils = $1.35
To find the cost of each pencil, we need to divide the total cost by the number of pencils , we get
The cost price of each pencil =[tex]\frac{1.35}{12}[/tex]
Therefore, The cost price of each pencil = [tex]\$0.1125\approx\$0.11[/tex]
Hence, The cost price of each pencil = [tex]\$0.11[/tex] or 11 cents.
