Answer:
≈ $4.80/lb
Step-by-step explanation:
The quotient is 16.87/3.5.
One way to estimate its value is to multiply both numbers by 2:
33.74/7 ≈ (35 -1.40)/7 = 5 -0.20 = 4.80
The quotient can be estimated to be slightly more than $4.80 per pound.
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Additional comment
The actual quotient is $4.82/lb. This corresponds to (35 -1.40 +0.14)/7.