At what price must an Book costing $47.50 be marked in order that after deducting 12% from the list price. It may be sold at a profit of 25% on the cost price?
Choose one:
A) 72.5
B) 55.5
C) 67.5
D) 82.5
E) 60.5
67.5   $62.50   67.5P = 47.50   SP = 47.50*(125/100)= 
<gadget id="calculator">47.50*(125/100)</gadget>
<output>59.375</output>
59.375   MP*(88/100)= 59.375   MP = 67.5   67.5
<result>C</result>
At what price must an Book costing $47.50 be marked in order that after deducting 12% from the list price. It may be sold at a profit of 25% on the cost price?