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
Answer:A
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