At what price must an Book costing $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?	Answers
A) 72.5	B) 55.5	C) 62.5	D) 82.5	E) 60.5
62.5   $62.50   62.5P = 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
<result>C</result>
At what price must an Book costing $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?