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 30% on the cost price?
Pick one:
A) 62.5 B) 62.3 C) 65 D) 62.2 E) 62.9
65P = 47.50   SP = 47.50*(130/100)= 
<gadget id="calculator">47.50*(130/100)</gadget>
<output>61.75</output>
61.75   MP*(95/100)= 61.75   MP = 65   Answer:65
<result>C</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 30% on the cost price?