Problem $7-15$ Nominal versus Real Returns $[$LO$4]$

Say you own an asset that had a total return last year of $10\mathrm{.}7$ percent. If the inflation rate last year was $4\mathrm{.}9$ percent, what was your real return? $($Do not round intermediate calculations and enter your answer as a percent rounded to $2$ decimal places, e$.$g$.,32\mathrm{.}16.)$