Answer :
The selling price as a percent of the cost is given by the ratio between the selling price and the the cost. The selling price is given, which is $119.95 the cost is given by the difference between the selling price and the Markup($25.99). Combining all those informations in an equation, we have
[tex]\frac{119.95}{119.95-25.99}=1.27660706684\ldots[/tex]To write this as a percentage, we just multiply the ratio by 100.
[tex]1.27660706684\ldots\times100=127.660706684\ldots\approx128[/tex]The selling price is 128% of the cost.