A particular store purchased a stock of turtleneck sweaters and marked up its cost by 20%. During the New Year season, it further marked up its prices by 25% of the original retail price. In February, the store then offered a discount of 25%. What was its profit on the items sold in February?	Pick one:
A) 12.5%
B) 30%
C) 35%
D) 37.5%
E) 40%
12.5%ssume the total price = 100x   Price after 20% markup = 120x   Price after 25%further markup = 1.25*120= 
<gadget id="calculator">1.25*120</gadget>
<output>150</output>
150x   Price after the discount= 0.75*150= 
<gadget id="calculator">0.75*150</gadget>
<output>112.5</output>
112.5x   Hence total profit= 12.5%   Option 12.5%
<result>A</result>
A particular store purchased a stock of turtleneck sweaters and marked up its cost by 20%. During the New Year season, it further marked up its prices by 25% of the original retail price. In February, the store then offered a discount of 25%. What was its profit on the items sold in February?