Sebastian needed to buy new tires for his car. The tire shop was running a holiday deal that allowed customers to buy three tires and get the fourth tire for $5. If the total price for all his tires was $237.50, what was the cost of each of the first three tires?(1 point)

Let the cost of each of the first three tires be \( x \). According to the deal, the price for the fourth tire is $5. The total cost can be expressed as:

\[
3x + 5 = 237.50
\]

Now, we can solve for \( x \):

\[
3x = 237.50 - 5
\]
\[
3x = 232.50
\]
\[
x = \frac{232.50}{3}
\]
\[
x = 77.50
\]

Therefore, the cost of each of the first three tires is **$77.50**.