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?

A. Rs.62.50
B. Rs.72.50
C. Rs.75.00
D. Rs.80.00

Explanation:

CP = 47.50

SP = 47.50*(125/100) = 59.375

MP*(95/100) = 59.375

MP = 62.5