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 10%. What was its profit on the items sold in February?
Choose the correct choice from the following answers:
A) 27.5%
B) 30%
C) 35%
D) 37.5%
E) 40%
Assume 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= 0.9*150= 
<gadget id="calculator">0.9*150</gadget>
<output>135</output>
135x   Hence total profit= 35%   Option 35%
<result>C</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 10%. What was its profit on the items sold in February?