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%
