Question

Suresh and Ramesh together invest 144000 rupees in the and bought a plot of land after some years they sold it at a profit of 20% what is the profit is of then got

Answer 1

Cost price of the plot of land = 144000

Profit percent on sale = 20 %

Total profit on sale of plot of land in rupees $= \frac{(144000\times20)}{100}$

= Rs. 28800

So, they both sold the plot of land at a profit of Rs. 28800

Profit sharing ratio of Suresh and Ramesh = 4 : 5

Sum of ratios = 4 + 5 = 9

Suresh's share in profit = $\frac{(4\times28800)}{9}$

$= \frac{115200}{9}$

= Rs. 12800

Ramesh's share in profit = $\frac{ (5\times28800)}{9}$

$= \frac{144000}{9}$

= Rs. 16000

So, Suresh will get Rs. 12800 and Ramesh will get Rs. 16000 out of total profit. 

Amannnscharlie

Answer 2

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