Suresh and Ramesh together invested 288000 rupees in the the ratio 4.5 and bought a plot of land. after some years they sold it at a profit of of 20%. what is the profit each of them got
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Amount of money they together invested = Rs.2,88,000
Ratio of the money Suresh & Ramesh invested = 4:5
Let 4x be the investment of Suresh and 5x be the investment of Ramesh.
now,
4x + 5x = 9x
x = 32000
Profit of the Land = 20% (total)
Profit of Suresh = 32000 x 4 = Rs. 128000
Profit of Ramesh = 32000 x 5 = Rs. 160000
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