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Atieno and Kamau started a business by contributing sh.25,000 and sh.20,000 respectively. At the end of the year,they realized a profit of sh.81,000.
Class: Form 1
Subject: Mathematics
Topic: Rates, Ratios, Proportions and Percentages
Lesson Summary
Atieno and Kamau started a business by contributing sh.25,000 and sh.20,000 respectively.At the end of the year,they realized a profit of sh.81,000.
Text Answer
Atieno = 25000
Kamau =20000
Ratio 25:20
5:4
Development :dividends:reserves=4: 5: 6
Profit =81000
Dividends = 515x81000 = 27000
Atieno’s share of dividends =59x 81000 = 27000
Sh.27000
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