Question

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?

Answer 1

The answer is 48(0.55) x 48

Explanation:

wholesale $48 and sold at 55% which is the same as 0.55 then multiply wholesale by percent

Answer 2

The answer is 48(0.55) x 48