Answer :

If the cost of 3 CDs is  52.17 then the cost of 1 CD is 17.723.

What do you mean by cost?

Cost is the sum of money needed to produce, market, and sell goods and services or to purchase assets. A cost is added to expense when something is sold or consumed.

Let the cost of 1 CD be x

Then the cost of three CDs will be equal to 3x,

And the cost of three CDs is equal to 53.17.

Equating the costs,

3x = 53.17

x = 53.17/3

x = 17.723

Therefore, the cost of 1 CD is 17.723.

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