The price of a jacket at store A is $48. If the price at store B is 5.5% higher, what is the price difference? What is the cost of the jacket at store B?

How would I set up this problem?

3 answers

48 * 1.055 = $50.64

50.64 - 48 = ?
Cost of jacket at store B is
$48 x 1.055= $50.64

$50.64 - $48 = $2.64 price difference
Thank you :) I've got it now.