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? A.$48(0.55)B. $48(55)C. $48(0.55) + $48D. $48(55) + $48
Accepted Solution
A:
55%= .55
48*.55+48= the new price
48*.55 will calculate the amount of money that will be added to the price.