Rohit and Romil purchased a plot .Its value was ₹1,80,000.This amount invested by both in the ratio 3:5.After some years they sold it at a profit of 25%.What is the profit each of them will get?
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Answers
Given data : Rohit and Romil purchased a plot .Its value was ₹ 1,80,000. This amount invested by both in the ratio 3 : 5. After some years they sold it at a profit of 25%.
To find : What is the profit each of them will get ?
Solution : The proportion of Rohit's and Romil's investments is 3 : 5.
- Value of the plot = ₹ 180000
Let, profit shared in the same proportion as the investment, so proportion of profit is 3 : 5.
Now, a/c to given data;
- Profit percentage is 25 %.
Hence,
➜ Profit = 25/100 * value of the plot
➜ Profit = 25/100 * 180000
➜ Profit = 25 * 1800
➜ Profit = ₹ 45000
Therefore, the profit of Rohit and Romil is given by
➜ Rohit's Profit = 3/8 * profit
➜ Rohit's Profit = 3/8 * 45000
➜ Rohit's Profit = 3 * 5625
➜ Rohit's Profit = ₹ 16875 and
➜ Romil's Profit = 5/8 * profit
➜ Romil's Profit = 5/8 * 45000
➜ Romil's Profit = 5 * 5625
➜ Romil's Profit = ₹ 28125
Answer : Hence, Rohit and Romil got a profit of ₹ 16875 and ₹ 28125 respectively.
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