Given that, in an office, $30\%$of the employees were women, so the rest $70\%$ of the employees in an office is men.
$70\%$ of the employees were above the age of $40$ years, out of which $60\%$ are men.
$\therefore$ The men above the age of $40$ years $ = \dfrac{70}{100} \times \dfrac{60}{100} = 42\%.$
So, the $70\%$ of the employees were above the age of $40$ years, out of which $40\%$ are women.
$\therefore$ The women above the age of $40$ years $ = \dfrac{70}{100} \times \dfrac{40}{100} = 28\%.$
Required percentage $ = \dfrac{28\%}{30\%} \times 100 \% = \dfrac{28}{30} \times 100\% = 93.33\%.$
So, the correct answer is $(B).$