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 answer:
A) 33377  B) 38000  C) 27999  D) 2776  E) 198712
CP + CP/8 = 45000   CP = 40000   SP = 40000*(95/100)= 
<gadget id="calculator">40000*(95/100)</gadget>
<output>38_000</output>
38000   Answer:38000
<result>B</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?