Explanation:
the area of a circle is
pi × r²
r = radius is always half of the diameter
r = 10/2 = 5 in.
the whole area of the pi is
pi×5² = 25pi = 78.53981634... in²
the price for the whole pie is $12.85.
so, the price for one in² is
12.85 / 78.53981634... = $0.163611281... ≈ $0.16