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?	Select the correct option.
A) 72.5  B) 64.5  C) 62.5  D) 82.5  E) 60.5

Rationale: c $ 62.50 cp = 47.50 sp = 47.50 * ( 125 / 100 ) = 59.375 mp * ( 92 / 100 ) = 59.375 mp = 64.5 b
Answer: B