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:

Judged

Evaluated or decided by a legal authority, such as a judge or a court.

Actions

Measures or steps taken in order to achieve a particular end.

Appearance

In legal contexts, the formal act of showing up in court, either personally or through an attorney, indicating participation in the process.

Attitude

Attitude pertains to a person's settled way of thinking or feeling about something, often reflected in their behavior.