Answer:
60 dollars.
Explanation:
Markup is nothing but the difference between the selling price of a good or service and its cost. It is expressed as a percentage above the cost. In short, we can say that it is the added price over the total cost of the good or service that provides the seller with a profit.
Original price = 50 dollars
ADD: 20% on original price = Markup price = 50(20/100) = 10 dollars
Hence Sales price = 50+10 = 60 dollars