Please I need your help. Ama and Kofi shared the profit earned
from their business in the ratio of their
contributions. Ama contributed
¢3,000,000.00 and the total capital was
¢7,000,000.00. The profit earned was
¢1,743,000
1) Find how much of the profit each
person received.
2)Kofi lent out his share of the profit at a rate 20% per annum for 2 years. Find the interest on his share
3)What will be Kofi's total amount at
the end of the 2 years?
​