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?
Choose the correct choice from the following
A) Rs.62.50
B) Rs.72.50
C) Rs.75.00
D) Rs.80.00
E) Rs.85.00
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   Rs.62.50NSWER:Rs.62.50
<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?