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Three business partners Abila, Bwire and Chirchir contributed Ksh 120 000, Ksh 180 000 and Ksh 240 000 respectively, to boost their business.They agreed to put 20% of the profit accrued back into the business and to use 35% of the profits for running the business (official operations). The remainder was to be shared among the business partners in the ratio of their contribution. At the end of the year, a gross profit of Ksh 225 000 was realised.
(a) Calculate the amount:
(i) put back into the business ;( 2 marks)
(ii) Used for official operations.(1 marks)
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