Answer:
Step-by-step explanation:
We can use the rule of threes
Let's solve the following equation we get from the rule of threes
[tex]\frac{14}{1.50} = \frac{100}{x}\\\\x = \frac{100}{14}\cdot \frac{1}{1.50}\\\\x = 4.7619\\[/tex]
Therefore, 100 pencils would cost $4.7619 ≈ $4.8