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 5 p.c?	Choose the correct choice from the following options:
A) 28000	B) 29000	C) 37000	D) 38000	E) 40000
Option B   Explanation:   CP + CP/8 = 45000   CP = 40000   SP = 40000*(95/100)= 
<gadget id="calculator">40000*(95/100)</gadget>
<output>38_000</output>
38000   Option 38000
<result>D</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 5 p.c?