In order to find the cost of the piece of chocolate, we can use a rule of three.
The cost of one pound of chocolate is $7.70, so the cost of 0.11 pound of chocolate would be x:
Rounding to the nearest hundredth, the cost will be $0.85.
So the student solution is not correct. The student should multiply 0.11 by 7.70, and not divide them.