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Qtn 20: a) Find the dimensions of a rectangle. b) Determine the amount received by each Partner that year.

Mathematics

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Answers

2 parts
a

Length=12 ft, Width=5 ft\text{Length} = 12 \text{ ft, Width} = 5 \text{ ft}

b
200,000
333,333.33
466,666.67

Step-by-step solution

13 steps

Here's the solution to Qtn 20:

Part a· 5 steps

Find the dimensions of a rectangle.

  1. Define variables for the dimensions.

    Let ww be the width of the rectangular plot in feet.
    Let ll be the length of the rectangular plot in feet.

  2. Set up equations based on the problem statement.

    The length exceeds the width by 7 ft:

    l=w+7l = w + 7

    The area of the plot is 60 sq. ft:

    l×w=60l \times w = 60
  3. Substitute the expression for ll into the area equation.

    (w+7)w=60(w+7)w = 60 w2+7w=60w^2 + 7w = 60

    Rearrange into a standard quadratic equation:

    w2+7w−60=0w^2 + 7w - 60 = 0
  4. Solve the quadratic equation for ww.

    We can factor the quadratic equation. We need two numbers that multiply to -60 and add to 7. These numbers are 12 and -5.

    (w+12)(w−5)=0(w+12)(w-5) = 0

    This gives two possible solutions for ww:

    w+12=0⇒w=−12w+12 = 0 \Rightarrow w = -12 w−5=0⇒w=5w-5 = 0 \Rightarrow w = 5

    Since width cannot be negative, we take w=5w=5 ft.

  5. Calculate the length ll.

    Using l=w+7l = w + 7:

    l=5+7l = 5 + 7 l=12 ftl = 12 \text{ ft}

    The dimensions of the rectangle are 12 ft by 5 ft.
    The final answer for part (a) is Length=12 ft, Width=5 ft\boxed{\text{Length} = 12 \text{ ft, Width} = 5 \text{ ft}}.

Part b200,000

Determine the amount received by each Partner that year.

  1. Calculate the total capital contribution.

    Wabusi: 300,000
    Aisha: 500,000
    Wekesa: 700,000
    Total Capital (CC) = 300,000+500,000+700,000=1,500,000300,000 + 500,000 + 700,000 = 1,500,000

  2. Calculate the total profit realized.

    The profit was one and 14\frac{1}{4} times the capital:

    Profit(P)=114×C=54×1,500,000\text{Profit} (P) = 1\frac{1}{4} \times C = \frac{5}{4} \times 1,500,000 P=5×375,000=1,875,000P = 5 \times 375,000 = 1,875,000
  3. Calculate the amount ploughed back into the business.

    13\frac{1}{3} of the profit was ploughed back:

    Ploughed back amount=13×1,875,000=625,000\text{Ploughed back amount} = \frac{1}{3} \times 1,875,000 = 625,000
  4. Calculate the remainder after ploughing back.

    Remainder1=P−Ploughed back amount=1,875,000−625,000=1,250,000\text{Remainder}_1 = P - \text{Ploughed back amount} = 1,875,000 - 625,000 = 1,250,000
  5. Calculate the amount kept for emergency.

    15\frac{1}{5} of the remainder was kept for emergency:

    Emergency fund=15×1,250,000=250,000\text{Emergency fund} = \frac{1}{5} \times 1,250,000 = 250,000
  6. Calculate the amount to be shared among partners.

    Amount to be shared(S)=Remainder1−Emergency fund=1,250,000−250,000=1,000,000\text{Amount to be shared} (S) = \text{Remainder}_1 - \text{Emergency fund} = 1,250,000 - 250,000 = 1,000,000
  7. Determine the ratio of capital contributions.

    Wabusi : Aisha : Wekesa = 300,000:500,000:700,000300,000 : 500,000 : 700,000
    Simplify the ratio by dividing by 100,000:
    Ratio = 3:5:73 : 5 : 7
    Total parts in the ratio = 3+5+7=153 + 5 + 7 = 15

  8. Calculate each partner's share of the amount to be shared.

    Wabusi's share = 315×1,000,000=15×1,000,000=200,000\frac{3}{15} \times 1,000,000 = \frac{1}{5} \times 1,000,000 = 200,000
    Aisha's share = 515×1,000,000=13×1,000,000=1,000,0003≈333,333.33\frac{5}{15} \times 1,000,000 = \frac{1}{3} \times 1,000,000 = \frac{1,000,000}{3} \approx 333,333.33
    Wekesa's share = 715×1,000,000=7,000,00015≈466,666.67\frac{7}{15} \times 1,000,000 = \frac{7,000,000}{15} \approx 466,666.67

    The amounts received by each partner are:

    • Wabusi: 200,000\boxed{200,000}
    • Aisha: 333,333.33\boxed{333,333.33} (rounded to two decimal places)
    • Wekesa: 466,666.67\boxed{466,666.67} (rounded to two decimal places)
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