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Default win or lose formula needed

I need to come up with a formula that will result in Good or Busted
The racers speed must be within 1.25% (+ or -) of the speed entered into
the equation and produce "Good"

If the Speed exceeds or falls below 1.25% of the speed entered -The answer
will be "Busted"

Example- entered 105.25 mph must be between 103.93 and 106.57 to be
"Good" If the calculation is out side of those parimeters = Busted
--
Tuna Pete
 
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