To the nearest cent, the amount of 1 pound of potatoes is $0.40.
Using this formula
Cost of 1 pound=Selling price/Number of Pound bag
Where:
Selling price=$3.98
Number of Pound bag=10 pound
Let plug in the formula
Cost of 1 pound=$3.98/10
Cost of 1 pound=$0.398
Cost of 1 pound=$0.40 (nearest cent)
Inconclusion to the nearest cent, the amount of 1 pound of potatoes is $0.40.
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