Three business partners Kamau, Tatwa and Makau contributed Ksh. 100,000, Ksh.80,000 and ksh. 50,000 respectively to start a business. After one year the business realized...

Three business partners Kamau, Tatwa and Makau contributed Ksh. 100,000, Ksh.80,000 and ksh. 50,000 respectively to start a business. After one year the business realized a profit which they shared in the ratio of their contributions.
(a) If Makau’s share of profit was Kshs.20, 000, how much was the total amount of profit?
(b) At the beginning of the second year, Makau boosted his shares by Ksh. 10,000. If the business
profit increased by 20% at the end of the second year. Calculate;
(i) Kamau’s share of the profit.
(ii) The difference between Kamau’s and Tatwa’s share of the profit.

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sharon kalunda answered the question on August 19, 2019 at 13:33

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