Two business men Achaki and Mkazi contributed Ksh. 128, 000 and Ksh. 112,000 respectively to start a business.

      

Two business men Achaki and Mkazi contributed Ksh. 128, 000 and Ksh. 112,000 respectively to start a business. They agreed to share the profits as follows;
30% shared equally
30% shared in ratio of contributors
40% retained for running business.

Their profit for the year 2008 was Ksh. 86, 400
Calculate.
a) The amount shared equally.
b) The total amount received by each partner
c) The amount retained for running the business.

  

Answers


Wilfred
q177820191226.png
Wilfykil answered the question on August 7, 2019 at 11:26


Next: A cylindrical water tank can be filled to a depth of 2.1metres by a pipe P in 2 hrs. Pipe Q takes 7hrs to fill...
Previous: Evaluate without using a calculator

View More Mathematics Questions and Answers | Return to Questions Index


Exams With Marking Schemes

Related Questions