Ferdinand Sold His Algebra Textbook Using an Internet Auction Site

Multiple Choice

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