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Sagot :
Answer:
The correct answer is choice 3: 48 dollars (0.55) + 48 dollars
Step-by-step explanation:
This question is asking us to use a 55% percent increase on the wholesale price of $48 to make an equation that would help us find the markup price.
Percent increase means adding the wholesale price ($48) and a percentage of that wholesale price (in this case, 55%).
Multiply 48 dollars by 0.55 to get 55% of the given price.
$48 * 0.55
We want the percent increase, so add $48 (which is 100% of the price) to this.
$48(0.55)+$48.
The correct answer is option 3: 48 dollars (0.55) + 48 dollars, which matches the equation we made based on the scenario.
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