Littleton Company uses a periodic inventory system and the LIFO retail method to estimate its ending inventories. The following partial data has been summarized for December 31, 2021:

	Cost			Retail
Inventory, January 1	$	216,000		$	285,000
Purchases					650,000
Net markups					18,300
Net markdowns					21,200
Net sales					625,000
Inventory, Dec. 31	$	232,730

Required: Determine the cost-to-retail percentage used by Littleton. Assume stable retail prices during the period. (Enter your answer as a percentage rounded to 1 decimal place (i.e., 0.123 should be entered as 12.3))

Cost-to-retail percentage

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