Suresh and Ramesh together invested $ 1,44,000 to form a partnership with the investment of 4:5 and bought the plot. Find out what amount did each one invested?
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Solution. The proportion of Suresh's and Ramesh's investment is 4:5. The profit is shared in the same proportion as the investment, hence, the proportion of profit is 4:5. Hence, Suresh and Ramesh got a profit of 12800 and 16000 rupees respectively.
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