Mallory Company uses the product cost method of applying the cost$-$plus approach to product pricing. It produces and sells Product X at a total cost of $$35$ per unit, of which $$28$ is product cost and $$7$ is selling and administrative expenses. In addition, the total cost of $$35$ is made up of $$24$ variable cost and $$11$ fixed cost. The desired profit is $$8$ per unit.

Determine the markup percentage on product cost. Round your answer to one decimal place.

fill in the blank $1$ of $1$

$\%$