A retailer allows a trade discount of...

A retailer allows a trade discount of 20% and a cash 1 discount of `6 1/4%` on the market price of the products and gets a net profit of 20% on the cost. By how much above the cost, should the products be labelled for sale? `40 %` b. `50 %` c. `60 %` d. `70 %`

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