A business executive and his client are charging their dinner tab on the executive's expense account.The company will only allow them to spend a total of 60$ for the meal.Assuming that they will pay 7% in sales tax for the meal and leave a 15% tip,what is the most their food can cost? Pick.
A) 39.55 $  B) 40.63 $  C) 41.63 $  D) 42.15 $  E) 48.7 $

Rationale: "let x is the cost of the food 1.07 x is the gross bill after including sales tax 1.15 * 1.07 x = 60 x = 48.7 hence , the correct option is e"
Answer: E