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 KCSE Mathematics Paper 2 Revision Questions and Answers Set 9

Kasilu and Nthenge contributed sh 60,000 and 90,000 respectively in order to start a business. They employed a manager and agreed to pay him a salary of 4,500 a month from the profit made each year. They also agreed that 20% of the profits made each year would be put back to the
business. The remaining profit would be shared among the patners in the ratio of their contributions. During the first year the business made a gross profit of sh 365 000. Determine how much money each partner received at the end of that year.

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