Ramesh and Suresh start a hotel.Ramesh invested Rs. 6000 and Suresh invested Rs.5000.Ramesh’s investment was for 4 months and Suresh’s was for 8 months.If total profit was Rs.6000, how much more profit than Ramesh did Suresh get?Rs.1500Rs.4500Rs.3000Rs.1800
Question
Ramesh and Suresh start a hotel.Ramesh invested Rs. 6000 and Suresh invested Rs.5000.Ramesh’s investment was for 4 months and Suresh’s was for 8 months.If total profit was Rs.6000, how much more profit than Ramesh did Suresh get?Rs.1500Rs.4500Rs.3000Rs.1800
Solution 1
To solve this problem, we need to calculate the ratio of their investments considering the time period for which they invested.
Ramesh's investment = Rs. 6000 for 4 months = 60004 = Rs. 24000 Suresh's investment = Rs. 5000 for 8 months = 50008 = Rs. 40000
So, the ratio of Ramesh's investment to Suresh's investment is 24000:40000, which simplifies to 3:5.
The total profit is Rs. 6000, which should be divided in the ratio 3:5.
Ramesh's share of the profit = (3/8)*6000 = Rs. 2250 Suresh's share of the profit = (5/8)*6000 = Rs. 3750
So, Suresh got Rs. 3750 - Rs. 2250 = Rs. 1500 more profit than Ramesh.
Therefore, the answer is Rs.1500.
Solution 2
To solve this problem, we need to calculate the ratio of their investments considering the time period for which they invested.
Ramesh's investment = Rs. 6000 for 4 months = 6000 * 4 = Rs. 24000 Suresh's investment = Rs. 5000 for 8 months = 5000 * 8 = Rs. 40000
So, the ratio of Ramesh's investment to Suresh's investment is 24000:40000, which simplifies to 3:5.
The total profit is Rs. 6000, which should be divided in the ratio 3:5.
Ramesh's share of the profit = (3/8) * 6000 = Rs. 2250 Suresh's share of the profit = (5/8) * 6000 = Rs. 3750
So, Suresh got Rs. 3750 - Rs. 2250 = Rs. 1500 more profit than Ramesh.
Therefore, the answer is Rs.1500.
Solution 3
To solve this problem, we need to calculate the ratio of their investments considering the time period for which they invested.
Ramesh's investment = Rs. 6000 for 4 months = 6000 * 4 = Rs. 24000 Suresh's investment = Rs. 5000 for 8 months = 5000 * 8 = Rs. 40000
So, the ratio of Ramesh's investment to Suresh's investment = 24000 : 40000 = 6 : 10 = 3 : 5
The total profit is Rs. 6000. This should be divided in the ratio of their investments.
Ramesh's share of the profit = (3 / (3+5)) * 6000 = Rs. 2250 Suresh's share of the profit = (5 / (3+5)) * 6000 = Rs. 3750
So, Suresh got Rs. 3750 - Rs. 2250 = Rs. 1500 more profit than Ramesh.
Therefore, the answer is Rs.1500.
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