At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price? Pick:  A) 62.5  B) 62.8  C) 62.1  D) 62.2  E) 62.7
CP = 47.50   SP = 47.50*(125/100)= 
<gadget id="calculator">47.50*(125/100)</gadget>
<output>59.375</output>
59.375   MP*(95/100)= 59.375   MP = 62.5   62.5nswer:62.5
<result>A</result>
At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?