tan-1(4/3) is good...
My approach : (as usual complicated

)
Name ||gm ABCD base AB angle DAB = 45.
Dropping perpendicular from D to meet AB at E, we get AE = 4cm. (isoceles triangle ADE)
Assume AC=5cm. Drop perpendicular from C to meet AB extended at F. Right triangle hypotenuse=5, height=4 => AB + BF = 3cm
But AE itself is 4cm. So assumption AC=5 is wrong. So it cannot be AC. Only BD = 5.
EB = 3 (pyth. triplet) AB=7 ED=4
Area of ||gm = base * height = 4*7 = 28 sq cms.
Bharathi.
Tip: Parallelograms on the same base and between same parallel lines have the same area.