Is -2 the only point of reference given?
Answer: 8% markup
Step-by-step explanation: Work is attached in the image provided.
The expression 3/16 of 200 expression as a percentage is; 6.25%.
<h3>What is the value of 3/16 of 200 written as a percentage?</h3>
The value of the expression given in the task content can be evaluated as follows;
3/16 × 200 = 12.5
Hence, the value 12.5 expressed as a percentage of 200 is;
(12.5/200) × 100%.
= 6.25%.
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12 is the 15% of 80
80 x 0.15 = 12