A trader allows a trade discount of $20 \%$ and a cash discount of $6 \frac{1}{4} \%$ on the marked price of the goods and gets a net gain of $20 \%$ of the cost. By how much above the cost should the goods be marked for the sale? (in $\%$)
A trader allows a trade discount of $20 \%$ and a cash discount of $6 \frac{1}{4} \%$ on the marked price of the goods and gets a net gain of $20 \%$ of the cost. By how much above the cost should the goods be marked for the sale? (in $\%$)
- A
$40$
- B
$50$
- C
$60$
- D
$70$
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