Suresh and Ramesh together invested 144000 rupees in the ratio 4:5 and bought a plot of land After some year they sold it at a profit of 20%. What is the profit each of them got ?
Answers
Step-by-step explanation:
Cost price of the plot of land =144000
Profit percent on sale =20%
Total profit on sale of plot of land in rupees =100144000×20
=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 =94×28800
=9115200
=Rs.12800
Ramesh's share in profit =9(5×28800)
=9144000
=Rs.16000
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Step-by-step explanation:
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
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