The questions ask for: - Abu's share of the profit. - Ojo's share of the profit for the year. - The balance on Abu's current account.

Applied MathematicsProfit SharingAccountingFinancial Mathematics
2025/6/4
I can see the questions, but to provide solutions for questions 48, 49 and 50, I need more context. Specifically, I need to know information about the profit sharing ratio between Abu and Ojo and any details relevant to Abu's current account such as initial balance, drawings, interest on capital, salary, etc.

1. Problem Description

The questions ask for:
- Abu's share of the profit.
- Ojo's share of the profit for the year.
- The balance on Abu's current account.

2. Solution Steps

Without additional information, I cannot solve these problems. Here are the steps *if* the required information was available:
Question 48 & 49:
If the profit sharing ratio is given, for example, Abu:Ojo = a:ba:b and the total profit is PP, then
Abu's share of profit =aa+b×P= \frac{a}{a+b} \times P
Ojo's share of profit =ba+b×P= \frac{b}{a+b} \times P
Question 50:
Abu's current account balance can be calculated as:
Opening Balance + Interest on Capital + Salary + Share of Profit - Drawings.

3. Final Answer

Cannot answer without more information.

Related problems in "Applied Mathematics"

The problem asks to calculate the pressure exerted by a car on the road, given the total force exert...

PhysicsPressureForceAreaUnits
2025/6/5

The problem asks us to calculate the pressure exerted by a block on the ground in two different scen...

PhysicsPressureForceAreaUnits
2025/6/5

The problem provides the pressure exerted by a brick on a table ($240 \ N/m^2$) and the area of the ...

PhysicsPressureForceAreaUnits Conversion
2025/6/5

The problem describes an mRNA molecule (ARNm) consisting of 1800 ribonucleotides. This mRNA is used ...

BiologyBiochemistrymRNAProtein SynthesisLinear EquationsAlgebra
2025/6/5

The price of milk is currently $3.89 per gallon and has been increasing by 5% per year. We need to c...

Compound InterestPercentage IncreaseFinancial MathematicsExponential Growth
2025/6/4

We are given some information from a bank statement and need to calculate the adjusted cash book bal...

AccountingFinancial StatementsCash BookBank ReconciliationGross Profit
2025/6/4

The problem provides information about a gene with a total molecular mass of 360,000 carbon units. A...

BiologyGeneticsMolecular BiologyBiochemistryNucleotide CalculationAmino Acid CalculationmRNA SequenceCodons
2025/6/4

A company produces two types of lamps, $L_1$ and $L_2$. Manufacturing $L_1$ requires 20 minutes of m...

Linear ProgrammingOptimizationConstraintsObjective Function
2025/6/4

The problem has three parts: (a) Find the linear regression equation for the given data set and esti...

Linear RegressionCombinatoricsPermutationsMarginal RevenueCalculusDerivatives
2025/6/4

The problem describes a scenario where 12% of the air in the lungs is replaced with each breath. Th...

Exponential DecayModelingLogarithmsDifferential Equations
2025/6/4