find cp when sp =Rs 40.60 : gain=16%  Choose the correct choice from the following answers:
A) Rs 55
B) Rs 36
C) Rs 47
D) Rs 30
E) Rs 35
cp=Rs{(100/116)*40.60= 
<gadget id="calculator">(100/116)*40.60</gadget>
<output>35</output>
Rs 35   Answer is Rs 35.
<result>E</result>
find cp when sp =Rs 40.60 : gain=16%