An electronics store purchased a CD player at a wholesale price of 60$ and then sold it at a 40 percent discount off the original retail price. If the store made a 25 percent profit on the whole price of the CD player, what was the stores profit as a percent of the original retail price?  Choose the correct choice from the following options:
A) 10%  B) 12%  C) 15%  D) 18%  E) 20%
Store makes 25% on WP so Store sold CD for $75 ($60*.25+$60). The question tells us that the store sold the CD 40% off its ORP so 75=.6(ORP)=125. From here we just need to answer the specific question of what percent of the ORP was the stores profit..hence 15=x/100(125)=12%;ANSWER:12%
<result>B</result>
An electronics store purchased a CD player at a wholesale price of 60$ and then sold it at a 40 percent discount off the original retail price. If the store made a 25 percent profit on the whole price of the CD player, what was the stores profit as a percent of the original retail price?