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Qtn 20: a) Find the dimensions of a rectangle. b) Determine the amount received by each Partner that year.
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2 partsStep-by-step solution
13 stepsHere's the solution to Qtn 20:
Part a· 5 steps
Find the dimensions of a rectangle.
Define variables for the dimensions.
Let be the width of the rectangular plot in feet.
Let be the length of the rectangular plot in feet.Set up equations based on the problem statement.
The length exceeds the width by 7 ft:
The area of the plot is 60 sq. ft:
Substitute the expression for into the area equation.
Rearrange into a standard quadratic equation:
Solve the quadratic equation for .
We can factor the quadratic equation. We need two numbers that multiply to -60 and add to 7. These numbers are 12 and -5.
This gives two possible solutions for :
Since width cannot be negative, we take ft.
Calculate the length .
Using :
The dimensions of the rectangle are 12 ft by 5 ft.
The final answer for part (a) is .
Part b200,000
Determine the amount received by each Partner that year.
Calculate the total capital contribution.
Wabusi: 300,000
Aisha: 500,000
Wekesa: 700,000
Total Capital () =Calculate the total profit realized.
The profit was one and times the capital:
Calculate the amount ploughed back into the business.
of the profit was ploughed back:
Calculate the remainder after ploughing back.
Calculate the amount kept for emergency.
of the remainder was kept for emergency:
Calculate the amount to be shared among partners.
Determine the ratio of capital contributions.
Wabusi : Aisha : Wekesa =
Simplify the ratio by dividing by 100,000:
Ratio =
Total parts in the ratio =Calculate each partner's share of the amount to be shared.
Wabusi's share =
Aisha's share =
Wekesa's share =The amounts received by each partner are:
- Wabusi:
- Aisha: (rounded to two decimal places)
- Wekesa: (rounded to two decimal places)
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