Perhaps both are equally valid answers which means the solution is not determinable from the problem statement.
Using standard left-to-right decoding, the answer is 288.
(I had to check my memory that left-to-right is the RULE, as opposed to a preferred method, BTW)
Try this:
48
______________ = 2
2(9+3)
2 is correct........
Try this:
48
______________ = ?
2(9+3)
2 is correct........
Operationallly you cannot separate the 2 from the parands.
Thus 2(9+3) must be the first operation occurring in the equation.
2(9+3) = 2(12) = 24
48
____ = 2
24