Multiple Choice
If Jane Westerlund, owner of a picture frame store, raises the average price of a framed picture to $80 and the cost of goods sold is $36, what is the percentage markup on cost?
A) 36 percent
B) 55 percent
C) 64 percent
D) 100 percent
E) 182 percent
Correct Answer:
Verified
Correct Answer:
Verified
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