Final answer:
To calculate the markup for the Cybershooter 2400, we need the selling price, which is not provided. If available, the markup in dollars is the selling price minus the cost, and the percent markup is calculated by dividing the markup by the cost and multiplying by 100%.
Step-by-step explanation:
If the Cybershooter 2400 has a cost of $72.00 and its selling price is higher, to calculate the markup in dollars, we need to subtract the cost from the selling price. Unfortunately, the selling price isn't provided in the question, so we can't compute the exact markup amount or the percent markup based on cost without this information.
However, in general, if we do know the selling price, the formula to calculate the markup amount would be:
Markup ($) = Selling Price - Cost
To find the percent markup based on cost, the formula would be:
Percent Markup = (Markup / Cost) × 100%
Once we have the selling price, we can use these formulas to calculate both the dollar amount of the markup and the percent markup based on the cost.