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Michelle Sosa sells roofing supplies and equipment to contractors. Michelle marks up all equipment items based...

Michelle Sosa sells roofing supplies and equipment to contractors. Michelle marks up all equipment items based on selling price. Her selling price on a pneumatic roofing stapler is $540. If the cost of the stapler had been $297, what is the markup percent based on selling price?
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Answer #1

Answer: 45%

Explanation:-

$540 -$297 = $243
Markup percent based on selling price = $243/$540 = 0.45 ×100 = 45%
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