Question

Calculate the price of one folder if you have to buy $5$ identical folders. The most you can spend is $\$5.75$.

Short answer

The cost of one folder is $\$1.15$.

Step-by-step solution

Step 1.  Apply the concept of Division

In this type of question, use the concept of mathematical operations like division.

Step 2.  Finding the timing of the whippet

Since,

The total amount that can spend = $\$5.75$

Quantity of folders bought = $5$

So, divide the total amount by the quantity of folder to get the cost of one folder.

Step 3.  Description of step

Now,

$\begin{array}{l}Costof1=\frac{\$5.75}{\$5}\\ Costof1=\$1.15\end{array}$