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An item is purchased for a wholesale price of $48 and will be sold at a 55 percent markup. Which expression should be used to find the amount of the markup?
48 dollars (0.55)
48 dollars (55)
48 dollars (0.55) + 48 dollars
48 dollars (55) = 48 dollars



Answer :

tessyaelv

Answer:

The correct answer is choice 3: 48 dollars (0.55) + 48 dollars

Step-by-step explanation:

This question is asking us to use a 55% percent increase on the wholesale price of $48 to make an equation that would help us find the markup price.

Percent increase means adding the wholesale price ($48) and a percentage of that wholesale price (in this case, 55%).

Multiply 48 dollars by 0.55 to get 55% of the given price.

$48 * 0.55

We want the percent increase, so add $48 (which is 100% of the price) to this.

$48(0.55)+$48.

The correct answer is option 3: 48 dollars (0.55) + 48 dollars, which matches the equation we made based on the scenario.

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