rays Fine Leathers always maintains a line of except of exceptionally high quality

wallets. However, the latest shipment of 12 new wallets that recently arrived adding to

the 8 that were already in inventory were priced at $289 rather than the $249 price point

of the existing stock. To keep the prices consistent, the buyer repriced the $249 wallets to

$289. All sold at the $289 price point. What was the additional markup percent gained on

the wallets already in inventory?