4. Jim is a boat dealer who bought a sailboat for $12,500 and then sold it for $13,825. What percent was her markup on the boat? 5. Julie is buying a new set of cookware that has been reduced by 15% to $235. What was the original price of the cookware? 6. ** Due to a slump in the economy, Jackie's mutual fund has dropped by 11% from last quarter to this quarter. If her fund is now worth $12,650, how much was her fund worth last quarter/