Question

Find the selling price of a $32 item after a 50% markup.
The selling price is $

Answer 1

50% of 32 is 16 so it it 16$

Answer 2

The seelijg price is $48.

Explanation:

Markup is the amount a store adds to its cost of an item to come up with the selling price.

store cost + markup = selling price

If the markup on an item is 50%, then the store adds 50% of its cost to its cost to arrive at the selling price.

$32 + 50% of $32 =

= $32 + 0.5 * $32

= $32 + $16

= $48