solve the question :-
Dear student,
Cost price of the plot of land = 144000
Profit percent on sale = 20 %
Total profit on sale of plot of land in rupees =
= 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 =
=Rs
= Rs. 12800
Ramesh's share in profit =
= Rs
= Rs. 16000
So, Suresh will get Rs. 12800 and Ramesh will get Rs. 16000 out of total profit.
Regards
Cost price of the plot of land = 144000
Profit percent on sale = 20 %
Total profit on sale of plot of land in rupees =
= 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 =
=Rs
= Rs. 12800
Ramesh's share in profit =
= Rs
= Rs. 16000
So, Suresh will get Rs. 12800 and Ramesh will get Rs. 16000 out of total profit.
Regards