Eleven pencils cost as much as three pens. If seven pens cost $\$ 9.24$, what is the cost, in cents, of one pencil?
<|im_start|>system
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<|im_start|>user
Eleven pencils cost as much as three pens. If seven pens cost $\$ 9.24$, what is the cost, in cents, of one pencil?
Please reason step by step, and put your final answer within \boxed{{}}.<|im_end|>
<|im_start|>assistant

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Eleven pencils cost as much as three pens. If seven pens cost $\$ 9.24$, what is the cost, in cents, of one pencil?
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