Multiple Choice
Jane Westerlund owns a small retail picture frame store in a local strip mall. She just bought 10 picture frames from a promising woodworker for $36 each. Based on market conditions, she planned to sell them for $100 each. Recently, however, sales have been a bit slow. Jane decides to reduce the price for the frames to $80. What is her maintained markup in dollar terms?
A) $100
B) $20
C) $44
D) $64
E) $0
Correct Answer:
Verified
Correct Answer:
Verified
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