XY formed a joint venture to construct railway line for Metro Railway in Delhi and agreed to share profit and loss in the ratio of 2:3. X purchased goods worth Rs. 200000 and send the same to Y on payment of freight and insurance of Rs. 10,000. Y also purchased material worth Rs. 45000 and incurred Rs. 5000 as incidental expenses. Y sold the construction material to Railway for Rs. 3,20,000. What is the profit on Joint venture