SOLUTION: markup rate 78% cost of cd is 48$ what is the sale of cd?

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Question 997401: markup rate 78% cost of cd is 48$ what is the sale of cd?
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
x= the cost of the CD.
(x+0.78x)=48
1.78 x=48
x=$26.97, the CD cost