Consider the case of the Cast Iron Company. On each nondelinquent sale, Cast Iron receives revenues with a present value of $1,310 and incurs costs with a present value of $1,000. Cast Iron's costs have increased from $1,000 to $1,160. Assuming that there is no possibility of repeat orders and that the probability of successful collection from the customer isp= 0.95, answer the following.

What is the break-even probability of collection?(Enter your answer as a percent rounded to 1 decimal place.)