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A diamond merchant received a shipment of 12\frac{1}{2} of a pound of diamonds. She divided the diamonds into 55 equal lots and sold them to jewelers for making rings and necklaces. What was the weight of the diamonds in each lot?\newlineWrite your answer as a fraction or as a whole or mixed number.\newline_____ pounds

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Q. A diamond merchant received a shipment of 12\frac{1}{2} of a pound of diamonds. She divided the diamonds into 55 equal lots and sold them to jewelers for making rings and necklaces. What was the weight of the diamonds in each lot?\newlineWrite your answer as a fraction or as a whole or mixed number.\newline_____ pounds
  1. Understand Total Weight: Step 11: Understand the total weight of diamonds received.\newlineThe merchant received 12\frac{1}{2} pound of diamonds.\newlineCalculation: No calculation needed here.
  2. Divide into Equal Lots: Step 22: Divide the total weight into 55 equal lots.\newlineTo find the weight of each lot, divide the total weight by the number of lots.\newlineCalculation: 12÷5=110\frac{1}{2} \div 5 = \frac{1}{10}