If Jane Westerlund, Owner of a Picture Frame Store, Raises

question 12

Multiple Choice

If Jane Westerlund, owner of a picture frame store, raises the average price of a framed picture to $100 and the cost of goods sold is $36, what is the percentage markup on selling price?

• A) 36 percent
• B) 55 percent
• C) 64 percent
• D) 100 percent
• E) 178 percent

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Definitions:

Samsara

Reincarnation where the soul undergoes a series of births and deaths.

Reincarnation

Reincarnation is the belief or philosophical concept that the soul or spirit, after biological death, can begin a new life in a new body.

Initiates

Individuals who are undergoing or have gone through a ritual, ceremony, or process to enter a particular group, level of understanding, or social status.

Converting

The act or process of changing something into a different state or form, often used in religious, digital, or chemical contexts.