$2.4 should be the price
Explanation:
Cost of one cookie $1.2
Production (numbers) = 180
Cost of 200 ($1.20 multiply with 180) = 216
Markup required ($216 multiply with 50%) = 108
Total Price required (216 plus 108) = 324
Actual production [tex](180 \times(100-25 \%))[/tex] = 135
Price per cookie(324 divided by 135) = $2.4
Note : For finding out the cost of 200 production numbers, it is to be multiplied with the cost of one cookie. Markup is required by 50% and total price is calculated by adding the cost of 200 production cookies with markup cost.
