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Akinyi,Bundi,Cura and Diba invested some money in a business in the ratio of 7:9:10:14 respectively.
Class: Form 1
Subject: Mathematics
Topic: Rates, Ratios, Proportions and Percentages
Lesson Summary
Akinyi,Bundi,Cura and Diba invested some money in a business in the ratio of 7:9:10:14 respectively.The business realized a profit of sh.46,800.They shared 12% of the profit equally and the remainder in the ratio of their contributions.Calculate the total amount received by Diba?.
Text Answer
12% of 46800 = 5616(To be shared equally)
Each gets 5616 ÷ 4 = sh.1404
Remainder = 100% -12% = 88%
88% of 46800 = 41184 (To be shared in the ratio of their investment)
Diba gets 1440x 41184 =sh. 14,414.40
In total Diba gets =14054 +14414.40 =sh.15818.40
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