Math Problem Statement

Anil and Sunil purchased a house for Rs. 1,23,00,000. Further they spent Rs. 15,00,000 on the renovation of the house. Out of the amount paid for purchasing the flat, 60% was contributed by Anil. Also, out of the amount paid for renovation, 40% was contributed by Anil. The remaining amount for purchasing the flat as well as renovation was contributed by Sunil. After the renovation was over, they gave the house on rent for Rs. 55,200 per month. The rent was shared by the two in the ratio of their share in the total amount spent on the house (purchase cost and renovation cost). How much amount (in Rs.) does Sunil receive every month out of the total rent?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage
Ratio
Fraction

Formulas

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Theorems

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Suitable Grade Level

High School