book Maths Puzzle Numerical Ability

We have tried to slove the problem but our answer does not agree with any of our 4 muliple choice answers. We felt we did it correctly. Please help, how do you solve the problem? Show all steps. Thanks! 1/4(y-1/3)-1/6(y-3)=2/3

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how do you solve this: Solve for R: C=K Rr/R-r An art dealer sold two artworks for $1520 thereby making a profit of 25% on the first work and 10% on the other, whereas if he had approached any exhibiitioh he would have sold the