If it is no start or starts and runs real rough and no power it sounds like your high pressure fuel pump side. Had to deal with a couple of these last year and read about a couple of more. Going to post a link to a parts diagram on it look at number 12 the float Assy. Seems they have a problem with this float sticking causing your high pressure supply pump to run out of fuel. From what I understand they have a upgrade kit for that if it is your problem. One thing you need to do first is take cowel off find that housing and hold your hand on it while someone turns on the key. You should feel the pump running. If it’s running and not cranking I’m going to guess it’s in that float assy.
Mercury Marine V-200 HP (EFI) Fuel Management System (Vapor Separator) Parts
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Charlie Weaver USN/ENC 1965-1979