Correct answer: 50%
Colour blindness is typically X-linked recessive. The man is normal but his father was colour blind, so he must have received a normal X from his mother and gives a normal X to all daughters; the woman, whose father was colour blind, is an obligate carrier and can pass the mutant X half the time. A daughter is colour blind only if she gets the mutant X from both parents, so the chance is 50% for this child being a daughter.