AMC 8 1995 Problem 1

Walter has exactly one penny, one nickel, one dime and one quarter in his pocket. What percent of one dollar is in his pocket? $\text{(A)}\ 4\% \text{(B)}\ 25\% \text{(C)}\ 40\% \text{(D)}\ 41\% \text{(E)}\ 59\%$