A boy bought 8 pencils for ₹46.80. What is the cost of each pencil?

Given:

Cost of 8 pencils = ₹46.80

Number of pencils = 8

Cost of each pencil = ?

Cost of each pencil = (Total Cost) ÷ (Number of pencils)

Substituting the values:

Cost of each pencil = ₹46.80 ÷ 8

On dividing 46.80 by 8, we get:

$\begin{array}{r} 5.85 \ 8 \overline{\smash{)} 46.80 } \ \underline{40} \phantom{.00} \ 68 \phantom{0} \ \underline{64} \phantom{0} \ 040 \ \underline{040} \ 0 \end{array}$

46.80 ÷ 8 = 5.85

Hence, the cost of each pencil is ₹5.85