By selling a house for Rs.55000, it was found that 1/10 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
A) 38020 B) 38000 C) 38028 D) 38019 E) 47500
CP + CP/10 = 55000   CP = 50000   SP = 50000*(95/100)= 
<gadget id="calculator">50000*(95/100)</gadget>
<output>47_500</output>
47500   Answer: 47500
<result>E</result>
By selling a house for Rs.55000, it was found that 1/10 of the outlay was gained, what ought the selling to price to have been in order to have lost 5 p.c?