To find the cost of each pair of socks, we first need to determine the total amount Beth spent.
Beth gave the cashier $20 and received $11.03 in change. Therefore, the amount Beth spent can be calculated as follows:
\[ \text{Amount spent} = \text{Amount given} - \text{Change received} = 20.00 - 11.03 = 8.97 \]
Now, Beth spent $8.97 for 3 pairs of socks. To find the cost of each pair of socks, we divide the total amount spent by the number of pairs:
\[ \text{Cost per pair} = \frac{\text{Total amount spent}}{\text{Number of pairs}} = \frac{8.97}{3} \]
Calculating that gives:
\[ \text{Cost per pair} = 2.99 \]
Thus, the cost of each pair of socks is $2.99.