At what price must an Book costing $47.50 be marked in order that after deducting 8% from the list price. It may be sold at a profit of 25% on the cost price?
Choose the correct choice.
A) 72.5
B) 64.5
C) 62.5
D) 82.5
E) 60.5
C   $62.50   CP = 47.50   SP = 47.50*(125/100)= 
<gadget id="calculator">47.50*(125/100)</gadget>
<output>59.375</output>
59.375   MP*(92/100)= 59.375   MP = 64.5   64.5
<result>B</result>
At what price must an Book costing $47.50 be marked in order that after deducting 8% from the list price. It may be sold at a profit of 25% on the cost price?