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MsO
It would simply be 1.96 divided by 3.5. It would be 56 cents per pound.
Petroniusz
3 1/2 ib = $1,96  
[tex] \frac{7}{2} * \frac{2}{7} ib = \frac{196}{100} * \frac{2}{7} \\ \\ 1ib = \frac{28}{100} * \frac{2}{1} \\ \\ 1ib = \frac{56}{100} = 0,56[/tex]

Answer 1 pound of bananas costs $0.56 

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