Treble (not double) the cost.
Mark up is the increase ADDED to the cost. So, to an item costing 10 currency units, you need to ADD 200% of that - or 20 currency units. That makes the selling price 30 units.
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100 percent markup will double the price. 200 percent markup would triple the price. (For markup read increase.)
60
a markup percent
Calculate the marginal cost of producing the suit. In an ideal, competitive world, the marginal cost = price, so this will be our base. Then you simply find 200 - marginal cost and this provides you the markup.
Nothing particular. The markup on drinks in restaurants often is.