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Hello,
With a score of 200 in CMAT you can expect your percentile to between 89-90. The criteria to calculate score is giving 4 marks for every correct answer and a negative marks for every wrong one. If you want to calculate the percentile for your score then here is the formula: 100 * Number of Seats appeared in the examination with raw marks equal to or less than the candidate/Total number of candidates appeared.
The cut-off for MSU last year was close to 90 and your percentile should come to around 89 so you might or might not get admission. I would suggest you to keep a backup option ready in case you don't get the admission.
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