Sunshine Produce purchased 2,000 watermelons for the Labor Day weekend at a cost of $0.96 each. If a 15% spoilage rate is anticipated, and the watermelons are sold for $4.16 each, what was the percent markup based on selling price? (Round to the nearest tenth of a percent)

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The Answer of Sunshine Produce purchased 2,000 watermelons for the Labor Day weekend at a cost of $0.96 each. If a 15% spoilage rate is anticipated, and the watermelons are sold for $4.16 each, what was the percent markup based on selling price? (Round to the nearest tenth of a percent)

Sunshine Produce Purchased 2,000 Watermelons for the Labor Day Weekend