18. Three partners Jared, James and Jack contributed Sh. 600,000, sh. 400,000 and Sh. 800,000 respectively to start a business of a matatu plying Mautano-Embu route. The matatu carries
14
passengers with each paying Sh. 250. The matatu makes two round trips each day and
ever full. Each day Sh. 6000 is used to cover running costs and wages.
a) Calculate their net profit per day.
(2 marks)
b) The matatu works for 25 days per month and is serviced every month at a cost of KSh.10,
(1 mark)​