Question

The four co-owners of a newly established truck company, Martin, Bernard,
Frank and Duan, respectively made a profit of R6 280 415, an increase by
5,9081% compared to the previous year.
They divided the profit between them in the ratio 3 : 27:2:1%.
TABLE 3: FNB INTEREST RATES COMPOUNDED HALF YEARLY
Amount
1 year period
5 year period
R100-R9 999
3,25%
4,25%
R10 000-R99 999
5,50%
5,75%
R100 000 - R999 999
6,60%
6,75%
R1 000 000+
6,75%
6,85%
[Source: www.fnb.co.za)
Use the information above to answer the questions that follow.
(3
4.1.1
Calculate the amount of profit in the previous year.​

Answer 1

Answer:

Oops! sorry I don't solve it.. ,,