A manufacturer fixes his selling price at 33% over the cost of production. If cost of production goes up by 12% and manufacturer raises his selling price by 10%, his percentage profit is

• A. <table><tr><td rowspan="2">28</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>3</center></td><td rowspan="2">%</td></tr><td align="center">8</td></table>
• B. <table><tr><td rowspan="2">30</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>5</center></td><td rowspan="2">%</td></tr><td align="center">8</td></table>
• C. <table><tr><td rowspan="2">36</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>5</center></td><td rowspan="2">%</td></tr><td align="center">9</td></table>
• D. 35%