Suresh and Ramesh together invested 1,44,000 rupees in the ratio 3 : 5 and bought a
plot of land. After some years they sold it at a profit of 30%. What is the profit of each of
them got?
Answers
Answer:
Cost price of the plot of land =144000
Profit percent on sale =20%
Total profit on sale of plot of land in rupees =
100
144000×20
=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 =
9
4×28800
=
9
115200
=Rs.12800
Ramesh's share in profit =
9
(5×28800)
=
9
144000
=Rs.16000
Answer:
Rs . 16000
Step-by-step explanation:
Given
cost price of the plot of land = 1,44,000 rs
profit percent on sale =20%
total profit on sale of plot of land in rs =1 ,44,000*20/100
= rs 28800
So , they both sold the plot of land as a profit of rs . 28800
profit changing ratio of suresh and ramesh =4:5
sum of ratio = 4+5
=9
suresh's share in profit =4*28800/9
=115200/9
= rs.12800
ramesh's share in profit = 5*28800/9
= 144000/9
=rs 16000
Therefore, the profit each of them got is suresh's profit is rs 12800 and ramesh's profit is rs 16000