Question

Suresh and Ramesh together invested 144000 rupees in the ratio 4:5 and bought a plot of land.after some years they sold it at a profit of 20%. What is the profit each of them got?​

Answer 1

Solution :-

Cost price of the plot of land = 144000

Profit percent on sale = 20 %

Total profit on sale of plot of land in rupees = (144000*20)/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 = (4*28800)/9

= 115200/9

= Rs. 12800

Ramesh's share in profit = (5*28800)/9

= 144000/9

= Rs. 16000

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