Final answer:
Margaret needs 2 1/2 cups of sugar and chocolate chips to make the fudge.
Step-by-step explanation:
To make the fudge, Margaret needs 1 1/4 cups of sugar and 1 1/4 cups of chocolate chips.
To find the total number of cups needed, add the amounts of sugar and chocolate chips: 1 1/4 + 1 1/4 = 2 1/2 cups.
Therefore, Margaret needs 2 1/2 cups of sugar and chocolate chips to make the fudge.