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 Form 4 Mathematics Paper 2 Sample Revision Questions and Answers

A Kenyan businessman imports wheat from the united States at an initial cost of 250 dollars per tonne.He then pays 20% of this amount as shipping costs,and 10% of the same amount as customs duty.When the wheat reaches Mombasa,the man has to pay 5% of the initial cost to transport it to Nairobi.
a).Given that 1 US dollar = Ksh 78.20,calculate the total cost of importing one tonne of wheat in Kenya shillings.
b).The businessman intends to make a profit of 20%.Giving your answer to the nearest ten-cents, calculate the price at which he must sell the wheat per kilogram.

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