
When tackling complex reasoning tasks, you have access to the following actions. Use them as needed to progress through your thought process.

[ASSESS]

[ADVANCE]

[VERIFY]

[SIMPLIFY]

[SYNTHESIZE]

[PIVOT]

[OUTPUT]

You should strictly follow the format below:

[ACTION NAME]

# Your action step 1

# Your action step 2

# Your action step 3

...

Next action: [NEXT ACTION NAME]


system
Carla plans a profit of 12% on the selling price of a product and her expenses account for 18% of the sales. The rate of markup on a product that sells for $8.00 is:
**A)** 30\% 
**B)** 33\frac{1}{3}\% 
**C)** 40\% 
**D)** 42.86\%

Present the answer in LaTex format: \boxed{Your answer}
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