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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1
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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Answered by
4
Solution :- Investment ₹ 1,44,000 , Profit 20%
Profit = 20/100 × 144000 = ₹ 28800
The Profit is to be shared in the ratio 4:5
Then 4x + 5x = 28800
… 9x = 28800
; x = 28800/9
= 3200
4x = 4 × 3200 = 12,800 and 5x = 5 × 3200 = 16000.
Ans. Suresh got a Profit of ₹ 12,800 and Ramesh got a Profit of ₹ 16,000.
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