Solve the Problem

Multiple Choice

Solve the problem. Round rates to the nearest tenth of a percent and dollar amounts to the nearest dollar when necessary.
-An office supply store sells a computer disk for $87.95. If the cost is $60.67, find the percent of markup on cost and the equivalent percent of markup on selling price.

A) 69%, 31%
B) 45%, 31%
C) 69%, 145%
D) 45%, 69%