Jane Westerlund Owns a Small Retail Picture Frame Store in a Local

question 194

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 will sell these for $100 each. What is the percentage markup based on the selling price?

• A)156 percent
• B)36 percent
• C)64 percent
• D)100 percent
• E)0 percent

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External Forces

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Long-term Strategies

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