Answer:
75 dollars
Step-by-step 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.
$75
In this question, it's asking you to find the selling price of an item after the markup.
We know that:
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.
[tex]50*1.5=75\\\\\text{Or you can do it this way}\\\\50*0.5=25\\\\50+25=75[/tex]
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
