rihit and Romiley purchased a plot . it's value was rs 180000 this amount invested by both in the ratio 3:5 . after years they sold it at a profit of 25% . what is the profit each of them incur
Answers
Answered by
5
Answer:
Rihit's profit 16875
Romiley's profit 28125
Answered by
3
Answer:
Rihit's share =Rs.67500 Romiley's profit =28125
Step-by-step explanation:
Plot value=180000
Let the common multiple be 'x'
Therefore 3x+5x=180000
8x=180000
x=?
8x/8= 180000/8
x=180000/8 (as 8 gets cancelled)
x=22500
Profit Gained = 25%
= 180000*0.25 + 180000
= 450000+180000
Profit Gained = Rs. 225000
Rihit's share= 3x
=3*22500
Rihit's share =Rs.67500
Profit =25%
=67500*0.25
Rihit's profit =16875
Romiley's share = 5x
=5*22500
Romiley's share =Rs. 112500
Profit = 25%
112500*0.25
Romiley's profit =28125
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