French co. marks up its goods 45% on cost. what is french's equivalent markup on selling price? round to the nearest hundredth percent.

Pyotr tchaikovsky sporting goods operates on a 45% overhead based on the selling price, which results in an overhead of $65.34 on the newest version of an air hockey game set. if the air hockey game set costs pyotr tchaikovsky sports $49.32, find the selling price, the markup, and the net profit.