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 12%. What was its profit on the items sold in February?	Choose the correct option
A) 27.5%	B) 32%	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= 0.88*150= 
<gadget id="calculator">0.88*150</gadget>
<output>132</output>
132x   Hence total profit= 32%   Option 32%
<result>B</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 12%. What was its profit on the items sold in February?