Ferdinand sold his algebra textbook using an internet auction site that charges a commission of 8% of the selling price. After the commission was paid, Ferdinand received $22.40. If x represents the selling price, then x satisfies x - 0.08x = 22.40. Solve this equation to find the selling price.
A) $24.35
B) $21.82
C) $27.34
D) $28.97
Correct Answer:
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