Question

Stevie bought a stereo for $245 and put it on sale at his store at a 55% markup rate. Let x = the price of the stereo before it was marked up. Write an algebraic expression in x for "the amount of markup on the stereo."

Answer 1

Stevie bought a stereo for $245 and put it on sale at his store at a 55% markup rate. Let x = the price of the stereo before it was marked up. Write an algebraic expression in x for "the amount of markup on the stereo." Select one:"

A. 1.55x

B. 0.55x

C. x + 0.55x

D. x - 0.55x