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Author Question: Michelle Sosa sells roofing supplies and equipment to contractors. Michelle marks up all equipment ... (Read 211 times)

olgavictoria

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on: Jun 24, 2018
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?

Question 2

If the Russian ruble has a current value of 35.1385 per U.S. dollar, compute the amount that could be purchased for 550.


zacnyjessica

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Reply #1 on: Jun 24, 2018
Answer to Question 1

540 - 297 = 243 dollar markup;
243  540 = 0.45 = 45 markup percent based on selling price

Answer to Question 2

19,326.18 ruble


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