3
QuizMultiple Choice
Markups and Markdowns
Question 3 of 10 • MO-Mathematics 7
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
A
48 dollars (0.55)
B
48 dollars (55)
C
48 dollars (0.55) + 48 dollars
D
48 dollars (55) = 48 dollars