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Answer: 195%
Step-by-step explanation:
Equation: Markup = (Profit-Cost)/Cost x 100%
Profit = $6.49
Cost = $2.20
(6.49-2.20)/2.20 x 100%
6.49-2.20 = 4.29
4.29/2.20 = 1.95
1.95 x 100% = 195
195% is your final answer