To find the percent markup Maria applied to each bumper sticker, we first need to calculate the total cost of making all 80 bumper stickers. Since she paid $2.25 to make each bumper sticker and she made 80, the total cost would be 2.25 * 80 = $180.
Next, we need to find the total revenue she generated from selling all 80 bumper stickers. Since she made a profit of $400 and sold all 80 bumper stickers, the total revenue would be the total cost + profit = $180 + $400 = $580.
Now, we can calculate the price at which she sold each bumper sticker. $580 (total revenue) / 80 (number of bumper stickers) = $7.25.
To find the percent markup, we need to calculate the difference between the selling price and the cost, and then divide that by the cost. Markup = ($7.25 - $2.25) / $2.25 * 100% = 222.22%
Therefore, Maria marked up the cost of each bumper sticker by approximately 222.22% to make her total profit of $400.
She paid $2.25 to make each bumper sticker and then sold each bumper sticker at a marked-up price to make a profit.
She sold all 80 bumper stickers that she had made.
She made a total profit of $400 .
What is the approximate percent Maria marked up the cost of each bumper sticker to make her total profit? Show your work.
Respond in the space provided.
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