Answer:
The cost of 1 eraser is $0.07.
Step-by-step explanation:
Given:
The school store sells erasers. If Mrs. McBryde purchases 1000 erasers for $70.00,
Now, to find the cost of 1 eraser.
Let the cost of 1 eraser be [tex]x.[/tex]
The cost of 1000 erasers is $70.00.
So, 1000 is equivalent to $70.00.
Thus, 1 is equivalent to [tex]x.[/tex]
Now, to solve by using cross multiplication method:
[tex]\frac{1000}{70} =\frac{1}{x}[/tex]
By cross multiplying we get:
[tex]1000x=70[/tex]
Dividing both sides by 1000 we get:
[tex]x=\$0.07.[/tex]
Therefore, the cost of 1 eraser is $0.07.