Question

Find the selling price of a $50 item after a 50 % markup

Answer 1

$75

Explanation:

In this question, it's asking you to find the selling price of an item after the markup.

We know that:

• Item is $50
• There is a 50% markup

With the information above, we can find the answer.

A markup is pretty much an increase in a price. This means that in this context, the item's price increased by 50%

We're going to need to find how much the selling price is after the markup.

We would multiply 50 by 1.5 to find the selling price.

`50*1.5=75\\\\\text{Or you can do it this way}\\\\50*0.5=25\\\\50+25=75`

With either method, you're still going to get 75.

This means that the selling price of the item after applying the markup value is $75

I hope this helps you out.

Good luck on your academics.

Have a fantastic day!

Answer 2

75 dollars

Explanation:

If an item is 50 and you want to markup 50%, you must find 50% of 50 to find how much the item will go up by from 50.

So 50% of 50 means 50% times 50.

50%=.5 or 1/2

So .5(50)=25.

The item is going up by 25 dollars.

So we started at 50 dollars.

So 50+25 is going to be the new amount.

50+25=75 is the new amount.