Fiona's Outlet buys carpenter jeans for $15.20 per pair. The outlet marks up each pair of jeans $10.00. What is the markup rate based on cost, rounded to the nearest tenth of a percent?

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1. Fiona's Outlet buys carpenter jeans for $15.20 per pair. The outlet marks up each pair of jeans $10.00. What is the markup rate based on cost, rounded to the nearest tenth of a percent?