At what percentage above the cost price must an article be...

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At what percentage above the cost price must an article be marked so as to gain 33% after allowing a customer a discount of 5% ?

A. 40%

B. 45%

C. 35%

D. 47%

Answer: Option A

$$\eqalign{ & {\text{Required }}\% = \frac{{38}}{{95}} \times 100 \cr & \,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\,\, = 40\% \cr} $$

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