A guiatarist earns a royalty of 22% of the selling price of a record album. If he earns $2.64 on each record album sold, what is the selling price of the abulm?

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So, if we put this into an equation, .22x= 2.64. Otherwise, .22 (22%) is multiplied times x, the unknown price of the record, to equal 2.64. Next, we simply solve for x. To get x to stand alone, both sides of the equation must be divided by .22. Therefore, x= 2.64/.22 aka 12.00. So, a record is $12. To double check, if 12 is multiplied times .22, the answer is indeed 2.64