The markup price is 34%.
It is given that cost price of the products is $ 50 and selling price of the product is $ 67.
To find the markup price.
The profit and loss statement is a financial statement that summarizes the revenues, costs, and expenses incurred during a specified period.
Thus, the markup in the price = [tex]\frac{S.P-C.P}{C.P} *100[/tex]
=[tex]\frac{67-50}{50} *100[/tex]
= 34[tex]%[/tex]%
So, the markup price is 34%.
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