Suresh and Ramesh together investment 144000 rupees in the ratio of 4 ratio 5 and about a point of a land after some year did soil it at a profit of 10% what is the profit each them get
Answers
Answer:
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
Step-by-step explanation:
Answer
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