Five bags of chips cost $5 x 3 = $<<5*3=15>>15.

So each bag of chips costs $15/5 = $<<15/5=3>>3.

# Answer

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<|im_start|>system
You are a helpful assistant.<|im_end|>
<|im_start|>user
Three friends agreed to pay an equal amount of money for buying 5 bags of chips. If they each pay $5, how much does each bag of chips cost?
Please reason step by step, and put your final answer within \boxed{{}}.<|im_end|>
<|im_start|>assistant

user
3
Three friends agreed to pay an equal amount of money for buying 5 bags of chips. If they each pay $5, how much does each bag of chips cost?
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