Answer:
Price of each item = 5.50
Step-by-step explanation:
Total items sold = 486
Total price of items sold = $2,673
If the chess club sold each item at the same price,
Price of each item = Total price of items sold / Total items sold
= $2,673 / 486
= $5.50
Price of each item = $5.50
Excluding the units ($) in the answer
Price of each item = 5.50