jamal and yusaf invested in business in the ratio 4:5 and shares profit in the same ratio. if jamal made a profit of 24000, how much profit did yusaf make
Answers
Given: Investment ratio of Jamal and Yusaf = 4:5
profit sharing ratio of Jamal and Yusaf = 4:5
profit of Jamal= 24,000
To find: profit of Yusaf
Solution: Let total investment be "x"
Given the ratio of investment = 4:5
Given the ratio of profit sharing is same , that is = 4;5
Sum of the ratio = 4+5
= 9
Required , profit of Yusaf
Given profit of Jamal=24,000
so, profit of Jamal = 4/9 * x = 24,000 (sum of the ratio = 9)
x=9*24,000/4
Therefore , total investment , x = 6000*9=54000
Therefore , profit of Yusaf = 5/9*54000
= 30,000
Hence , the profit of Yusaf is 30,000 .
Profit made by Yusuf is 30,000.
Step-by-step explanation:
Ratio of Investment between Jamal and Yusaf is 4:5
Share of profit = 4:5
Jamal's share of profit = 24,000
Yusaf's share of profit = ??
Solution :
- Investment ratio = 4:5
- Share of profit = 4:5
Let,
- Jamal's share of profit = 4x
- Yusaf's share of profit = 5x
Jamal's share of profit = 24,000
4x = 24,000
x = 24,000/4
x = 6,000
• Yusaf's share of profit = 5x
= 5 (6,000)
= 30,000
Yusaf's share of profit = 30,000
Therefore, profit made by Yusuf is 30,000.