Bidding on an item with a reserve price, the under bidder bid £43.00 yet I end up paying £55.00 How

Hi Guys I bid on an item with a reserve price and won it, the under bidder bid £43.00, but what I am not able to understand is why I end up winning it with a price of £55.00.

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plpmr
Experienced Mentor

because the lowest reserve is £50.

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