Laticia bought a pack of pencils for school. There were 8 pencils in the pack and the pack sold for $3.68. Write and solve an equation to find out how much each pencil cost?

cost per pencil = cost per pack / pencils per pack

To find out how much each pencil costs, we can set up an equation using the given information.

Let's assign a variable to represent the cost of each pencil. Let's say x represents the cost of one pencil.

Since there were 8 pencils in the pack and the total cost of the pack was $3.68, we can multiply the cost of one pencil (x) by the number of pencils in the pack (8) to equal the total cost of the pack ($3.68).

The equation can be set up as:
8x = 3.68

To solve for x, we need to isolate it on one side of the equation. We can divide both sides of the equation by 8:
8x/8 = 3.68/8

Simplifying, we get:
x = 0.46

Therefore, each pencil costs $0.46.