Final answer:
To calculate the price of one necklace, divide the total sales of $201.25 by the number of necklaces sold, which is 23. This calculation reveals that the price of one necklace is $8.75, corresponding to Option A.
Step-by-step explanation:
The question asks us to determine the price of one necklace given that 23 necklaces were sold for a total of $201.25, with each necklace being sold at the same price. To find the price of one necklace, we'll divide the total sales by the number of necklaces sold. This gives:
Total sales of necklaces: $201.25
Number of necklaces sold: 23
Price per necklace = Total sales ÷ Number of necklaces sold
Price per necklace = $201.25 ÷ 23
Price per necklace = $8.75
Therefore, the price of one necklace Option A) $8.75.