The number of identical stuffed animals given = 125.
The total purchase cost of the animals = $312.50.
Sellins price for each of them = $7.
So total selling price of 125 animals = $[tex] (125)(7) [/tex] = $[tex] 875 [/tex].
Now we have to find percentage markup.
The formula to find percent mark up is
= [tex] (\frac{(selling price -cost price)}{cost price})(100) [/tex]%
= [tex] (\frac{(875-312.50)}{312.50} )(100) [/tex]%
= [tex] (\frac{562.50}{312.50} )(100) [/tex]%
= [tex] (1.8)(100) [/tex]%
=[tex] 180 [/tex]%
So we have got the required answer.
The percent mark up is 180%.
