A store purchased an article at a wholesale price of $75 and sold it at two successive discounts of 20% and 16.67% respectively, making a profit of 33.3% on the whole price of the article. The store sold another similar article at the same price, making a loss of 33.3% on the whole price. If the second article has a mark-up of 200% over its retail selling price, find by what percentage the mark-up price of 2nd article is more than that of 1st article?
A. 50
B. 75
C. 100
D. 125
E. 200
OA E
Source: e-GMAT
A store purchased an article at a wholesale price of $75 and sold it at two successive discounts of 20% and 16.67%
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