To find the price per pound of potatoes, you can set up the equation as follows:
\[ \text{Price per pound} = \frac{\text{Total Price}}{\text{Total Pounds}} \]
In this case, the total price is $3.95 and the total pounds are 5.
Plugging in the values:
\[ \text{Price per pound} = \frac{3.95}{5} \]
Calculating that:
\[ \text{Price per pound} = 0.79 \]
So, the price per pound for potatoes is $0.79.