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?
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Answer 1

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.

Answer 2

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.