Answer:
The cost of a pen is $0.60 and the cost of a pencil is $0.35
Explanation:
Let
x-----> the cost of a pen
y----> the cost of a pencil
we know that
24x+12y=20-1.40
24x+12y=18.60 -----> equation A
12x+24y=20-4.40
12x+24y=15.60 -----> equation B
Solve the system of equations by graphing
Remember that the solution is the intersection point both graphs
The solution is the point (0.60,0.35)
see the attached figure
therefore
The cost of a pen is $0.60
The cost of a pencil is $0.35