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48\left(1+\frac{11}{20}\right)
Reduce the fraction \frac{55}{100} to lowest terms by extracting and canceling out 5.
48\left(\frac{20}{20}+\frac{11}{20}\right)
Convert 1 to fraction \frac{20}{20}.
48\times \frac{20+11}{20}
Since \frac{20}{20} and \frac{11}{20} have the same denominator, add them by adding their numerators.
48\times \frac{31}{20}
Add 20 and 11 to get 31.
\frac{48\times 31}{20}
Express 48\times \frac{31}{20} as a single fraction.
\frac{1488}{20}
Multiply 48 and 31 to get 1488.
\frac{372}{5}
Reduce the fraction \frac{1488}{20} to lowest terms by extracting and canceling out 4.