Let x be the price of the reese's. Since we know that the chips cost $1.6 more that means that its price is:
[tex]x+1.6[/tex]Now, both things had a cost of 4.36, then we have:
[tex]x+(x+1.6)=4.36[/tex]Solving for x we have:
[tex]\begin{gathered} x+(x+1.6)=4.36 \\ 2x+1.6=4.36 \\ 2x=4.36-1.6 \\ 2x=2.76 \\ x=\frac{2.76}{2} \\ x=1.38 \end{gathered}[/tex]Therefore the cost of the reese's is $1.38.