At what price must an article costing Rs.47.50 be marked in order that after deducting 20% from the list price. It may be sold at a profit of 25% on the cost price? Choose the correct choice from the following choices.
A) 62.5
B) 62.3
C) 62.7
D) 74.2
E) 62.9

Rationale: cp = 47.50 sp = 47.50 * ( 125 / 100 ) = 59.375 mp * ( 80 / 100 ) = 59.375 mp = 74.2 answer : d
Answer: D