Three businessmen Mutuku, Mutiso and Kitili decided to buy a bus. The market price of the bus was sh2,800,000. The men could pay a deposit...

      

Three businessmen Mutuku, Mutiso and Kitili decided to buy a bus. The market price of the bus was sh2,800,000. The men could pay a deposit of 60% of the money and the rest to be paid within one year. Mutuku, Mutiso and Kitili raised the deposit in the ratio 3:2:5 respectively. The balance was to be paid to the dealer from the proceeds of the bus in the same deposits. During the year the bus realized sh.2,080,000
a) How much deposit did each contribute?
b) How much of the remaining amount did Kitili pay at the end of the year?
c) After paying the remaining amount at the end of the year, how much money was Mutuku left with?

  

Answers

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sharon kalunda answered the question on August 14, 2019 at 13:51

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