You purchase 180 shares for $60 a share ($10,800), and after a year the price rises to $70. Calculate the percentage return on your investment if you bought the stock on margin and the margin requirement was (ignore commissions, dividends, and interest expense):

20 percent. Round your answer to one decimal place.

%

30 percent. Round your answer to one decimal place.

%

85 percent. Round your answer to one decimal place.

%