Profit, Loss and Discount Questions

Multiple choice
  1. Rs. $648$
  2. Rs. $360$
  3. Rs. $568$
  4. Rs. $440$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP1 = x, CP2 = 1008-x. SP1 = 0.8x, SP2 = 1.44(1008-x). 0.8x = 1.44(1008-x). 0.8x = 1451.52 - 1.44x. 2.24x = 1451.52. x = 648.

Multiple choice
  1. $\frac{1}{2}$
  2. $\frac{1}{3}$
  3. $\frac{1}{4}$
  4. $\frac{2}{3}$
  5. $\frac{3}{4}$
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let M be the marked price. Selling price S = (2/3)M. Cost C = (3/4)S = (3/4) * (2/3)M = (1/2)M. The ratio C/M = 1/2.