SOLUTION: Please help me with this math problem. Don't forget to show all the work and please make it simple. Find each item's regular price Selling Price: $55 Markup Rate: 20% T

Question 499825: Please help me with this math problem. Don't forget to show all the work and please make it simple.
Find each item's regular price
Selling Price: $55
Markup Rate: 20%
Thanks!
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = regular price
given:

( rounded off )
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