SOLUTION: The selling price of a compact disc player is $219. The markup rate used by the seller is 50%. Find the cost of the compact disc player.

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Question 1095626: The selling price of a compact disc player is $219. The markup rate used by the seller is 50%. Find the cost of the compact disc player.

Answer by josmiceli(19441) About Me  (Show Source):
You can put this solution on YOUR website!
Let +C+ = the cost
+C+%2B+.5C+=+219+
+1.5C+=+219+
+C+=+146+
The cost is $146