Let x be the % mark up. Therefore, the marked price = 860(1+x).
Let y be the % discount. therefore selling price = 860(1+x)(1-y).
Therefore, % profit =[ 860(1+x)(1-y) - 860]/860 = 0.35
(1+x)(1-y) - 1 = 0.35
(1+x)(1-y) = 1.35.
a) If x =0.5 (50%), y =1-1.35/1.5 = 1- 0.9 = 0.1 = 10%.
b) If x = 0.8(80%), y = 1-1.35/1.8 = 0.25 = 25% etc.