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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?

Respuesta :

Jisallyouget
The expression is (48 x 0.55)+48

Answer: The amount of the markup would be $26.40 and the expression would be [tex]\dfrac{55}{100}\times 48[/tex]

Step-by-step explanation:

Since we have given that

Whole sale price of an item = $48

Rate of mark up = 55%

So, amount of the mark up would be

[tex]\dfrac{55}{100}\times 48\\\\=\dfrac{55\times 48}{100}\\\\=\dfrac{2640}{100}\\\\=\$26.40[/tex]

Hence, the amount of the markup would be $26.40 and the expression would be [tex]\dfrac{55}{100}\times 48[/tex]

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