Task: Question Answering
Input (English): Problem: 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 ? 
Options: a ) 27.5 % , b ) 32 % , c ) 35 % , d ) 37.5 % , e ) 40 %
Output (English): b