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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