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 40% on the cost price?
Select:
A) 62.5	B) 69.5	C) 67.5	D) 62.5	E) 70

Rationale: "cp = 47.50 sp = 47.50 * ( 140 / 100 ) = 66.5 mp * ( 95 / 100 ) = 66.5 mp = 70 answer : e"
Answer: E