Write an algebraic equation to solve for the pencil cost (x).
5(0.3)+30x= 10(0.3) + 24x
1.50 +30x=3+24x
1.50+6x=3
6x=1.5
x=1.5/6=0.25
The cost of the pencil is $0.25.
Pail has just enough money to buy 5 erasers and 30 pencils or 10 erasers and 24 pencil. Each eraser costs 30 cents. How much does each pencil cost?
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