SOLUTION: Five pencils and three erasers cost 65 cents. Three pencils and two erasers cost 40 cents. Find the cost of one pencil and the cost of one eraser.

Algebra ->  Finance -> SOLUTION: Five pencils and three erasers cost 65 cents. Three pencils and two erasers cost 40 cents. Find the cost of one pencil and the cost of one eraser.      Log On


   



Question 146918: Five pencils and three erasers cost 65 cents. Three pencils and two erasers cost 40 cents. Find the cost of one pencil and the cost of one eraser.
Answer by Nate(3500) About Me  (Show Source):
You can put this solution on YOUR website!
cost of a pencil = p
cost of an eraser = e
System of equations:
5p + 3e = 0.65
3p + 2e = 0.4
Solve by either substitution or elimation for each individual price.