If Jane Westerlund,owner of a Picture Frame Store,raises the Average

question 2

Multiple Choice

If Jane Westerlund,owner of a picture frame store,raises the average price of 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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