Answer: The markup from cost to sale price = $120.
Step-by-step explanation:
Given: Selling price per item = $650
Marked down price = 20% of (Selling price)
= 0.20 x $650
= $ 130
New selling price = Old selling price - Marked down price
= $(650-130) = $520
Since new selling price is still greater than the cost of $400.
Mark up from cost to selling price = New selling price - Cost
= $(520-400)
=$120
Hence, the markup from cost to sale price = $120.
