Question

Van, Willem, and Zeeman buy a flat for $180 000. Van pays $60 000, William pays $90 000 and Zeeman pays the rest. Five years later they sell the flat for $228 000. They share the money in the same ratio that they bought the flat. How much profit does Zeeman make on the sale of the flat?

Answer 1

Step-by-step explanation:

let the amount paid by Zeeman be x

So,

$180000 = 60000 + 90000 + x$

so, amount paid by Zeeman will be

$x = 30000$

now the ratio of amount paid by Van ,Willem and Zeeman will be

90000:60000:30000

i.e.

3:2:1

let their parts be 3x ,2x ,

and x

Now,selling price of flat is 2,28,000

So,

$3x + 2x + x = 228000$

i.e.

$6x = 228000$

i.e.

$x = 38000$

there fore profit earned by Zeeman will be

$38000

#BAL#ANSWERWITHQUALITY