Multiple choice

By selling a watch at a profit of 60% a man got rupees 38 more than one third of its cost price. What is the cost price of the watch (in rupees)?

  1. 30

  2. 45

  3. 40

  4. 60
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP = x. SP at 60% profit = 1.6x. Given: 1.6x = (1/3)x + 38. So 1.6x - 0.333x = 38, giving 1.267x = 38. Therefore x = 38/1.267 = 30. Option B (45) could result from misreading 'one third of CP' as 'one third of SP' in the equation.

Keep practicing — related questions