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?

Question

48 dollars (0.55)
48 dollars (55)
48 dollars (0.55) + 48 dollars
48 dollars (55) = 48 dollars

Answer 1

To find the amount of the markup for an item purchased at a wholesale price of $48 with a 55 percent markup, you can use the expression:

\[ 48 \text{ dollars} \times 0.55 \]

This represents the amount of the markup.

So, the correct expression from the options you provided is:

48 dollars (0.55)