You had $24 to spend on two pencils.
After buying them you had $20. How
much did each pencil cost?

To find out how much each pencil cost, you can set up an equation.

1. **Start with the total amount you had:** $24.
2. **Subtract the amount you had left after buying the pencils:** $24 - $20 = $4.

So, the total cost for the two pencils is $4.

3. **Divide by the number of pencils:** 

\[
\text{Cost per pencil} = \frac{4}{2} = 2
\]

Each pencil cost $2.

Would you like more details, or do you have any questions?

Here are some related questions you might find interesting:

1. If you had $30 instead of $24, how much would you have left after buying two pencils costing $2 each?
2. If each pencil cost $3, how much would you have left after buying them with $24?
3. How much would you have to start with if each pencil cost $5 and you wanted $20 left after buying them?
4. If you had $24 and bought four pencils for $2 each, how much would you have left?
5. What would happen to the total cost if the price of each pencil increased by $1?

**Tip:** When solving word problems, break down the information step by step to form equations that you can solve easily.

You had $24 to spend on two pencils. After buying them you had $20. How much did each pencil cost?

Discover how to solve a basic arithmetic problem: You had $24 and bought two pencils, leaving you with $20. Learn how to calculate the cost of each pencil using subtraction and division. Perfect for students in Grades 3-5.

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