By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 7 p.c? Select the correct option:
A) 38028 B) 38000 C) 37200 D) 38128 E) 38982
37200P + 37200P/8 = 45000   37200P = 40000   SP = 40000*(93/100)= 
<gadget id="calculator">40000*(93/100)</gadget>
<output>37_200</output>
37200   Answer:37200
<result>C</result>
By selling a house for Rs.45000, it was found that 1/8 of the outlay was gained, what ought the selling to price to have been in order to have lost 7 p.c?