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?

$48(0.55)—I promise this is correct. The others who answer $48(0.55)+$48 did NOT read the question correctly.  The question reads: which expression should be used to find the AMOUNT OF THE MARKUP.

Step-by-step explanation:

correct

$48(0.55)=$26.40 that is the amount of the markup.

wrong

$48(0.55)+$48 if you add $26.40 to $48, you get the RETAIL price.

Not to brag, but we made A 100%. This is the correct answer.  It really bugs me when they phrase these question so poorly.  Especially when school systems like ours s don’t give us teachers who we can go to for assistance.

the answer is d. 75%