Use the following information to answer questions below

Teteh and Kukuma are in partnership with capital balances of #300,000 and #200,000 respectively. They agreed to share profit on the basis of their capital. The profit for the year is #150,000 and the interest on capital is 5%.
 



Kukuma's current account balance is

a

#50,000

b

#70,000

c

#90,000

d

#60,000

Download Offline App Ask a Question

Explanation

Correct Option
b

Video Explanation

No video available

Post your Contribution

Share:

Discussions (1)

Sammy1986
2 years ago

Answer is #60,000 not #70,000

Quick Questions

Ask a Question
CO

ceoofwahala

20th June, 2026

Chemistry


2 comments

ASSAAS

20th June, 2026

English Language


5 comments

infinitehoaxx

21st May, 2026

Computer


4 comments