To find the cost of 3.5 pounds of grapes when 1 pound costs $1.55, we can set up a ratio based on the price per pound.
The cost of 1 pound of grapes is $1.55, so the equivalent ratio for 3.5 pounds can be expressed as
\[ \frac{1.55}{1} = \frac{x}{3.5} \]
where \(x\) represents the total cost for 3.5 pounds.
Thus, the correct equation is:
- \(\frac{1.55}{1} = \frac{x}{3.5}\)
So, option 1 is the correct answer.