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 Form 4 Mathematics Paper 1 Exam Revision Questions With Answers

In order to start a business, three businesswomen, Amina, Balinda and Chini contributed sh 25 000, sh 35 000 and sh 45 000 respectively as business capital. They also had to pay sh 15 000 more as rental fee for business premises. The rental fee was shared equally among the partners. The three partners agreed to put 25% of the annual profits back in the business and share the rest in the ratio of their contributions. During the first year the business realised sh 128 000 in gross profits.
a) Find the ratio in which they contributed business capital and rental fees.
b) Calculate
i. the profits shared.
ii. each partner's share of the profits

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