Let "x" be the price of a single necklace.
Thus, the cost of the earrings would be 3x.
And since all items totaled $240,000, then x+x+x+3x = $240,000
Therefore, this simplifies to 6x=240,000
And, solving for x we see that the price of a single necklace is x = $<<40000=40000>>40,000
#### 40,000