angellamstacy
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An electronics store buys 200 stylus at a cost of $400 and sells them for $6 each. Find the percent markup rounded to the nearest percent?​

Answer :

Answer:

Percent markup is 200%

Step-by-step explanation:

The cost of each stylus is

[tex]\frac{400}{200} = 2[/tex] dollars

The selling price of each stylus is $6

Percent markup  =

(Selling price - cost price)/cost price *100

[tex]\frac{6-2}{2} *100\\2*100\\200[/tex]%

Percent markup is 200%

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