A group of people planned to contribute equally towards buying land at a price of Shs 180,000. However, 3 members of the group withdrew from the project. As a result, each of the remaining members were to contribute Shs. 3000 more.(a) Find the original number of members in the group.(b) How much would each person have contributed if the 3 people had not withdrawn?(c) Calculate the percentage increase in the contribution per person caused by the withdrawal.
Question
A group of people planned to contribute equally towards buying land at a price of Shs 180,000. However, 3 members of the group withdrew from the project. As a result, each of the remaining members were to contribute Shs. 3000 more.(a) Find the original number of members in the group.(b) How much would each person have contributed if the 3 people had not withdrawn?(c) Calculate the percentage increase in the contribution per person caused by the withdrawal.
Solution
(a) Let's denote the original number of members in the group as x. According to the problem, each member was supposed to contribute equally to the total price of the land, which is Shs 180,000. Therefore, the original contribution per person would be 180,000/x.
However, 3 members withdrew from the group, so the number of contributors became x-3. As a result, each of the remaining members had to contribute Shs 3000 more than originally planned, so the new contribution per person became 180,000/(x-3).
According to the problem, the new contribution per person is Shs 3000 more than the original contribution per person, so we can write the equation:
180,000/(x-3) = 180,000/x + 3000.
To solve this equation for x, we first multiply all terms by x(x-3) to get rid of the fractions:
180,000x = 180,000(x-3) + 3000x(x-3).
Solving this equation gives x = 20.
So, the original number of members in the group was 20.
(b) If the 3 people had not withdrawn, each person would have contributed 180,000/20 = Shs 9000.
(c) The percentage increase in the contribution per person caused by the withdrawal is calculated as follows:
(3000/9000)*100% = 33.33%.
So, the withdrawal of the 3 members caused a 33.33% increase in the contribution per person.
Similar Questions
A fundraising ceremony was attended by children, men and women. The number of women was three times the number of men who were 700. A total of Sh 250000 was contributed. If each woman contributed Sh 50 and each man contributed Sh 130, how many children attended the fundraiser given that each child contributed Sh 30?
01. If m : n = 6 : 7 and n = 19.6, then what is the value of m? Ops: A. 12.9 B. 21.4 C. 16.8 D. 24.6 Q 02. The population of a town has increased from 12,000 to 16,000. Find the percentage increase. Ops: A. 50% B. 45.67& C. 40% D. 33.33% Q 03. Rachel bought a bag for $750 and sold it for a loss of $32. What is the selling price of the bag? Ops: A. $825 B. $782 C. $718 D. $850 Q 04. The ratio of water and oil in a mixture of 72 litres is 11 : 13 . How many litres of water must be added to the mixture to make the ratio 5 : 4? Ops: A. 15.75 litres B. 14.89 litres C. 19.56 litres D. 22.75 litres Q 05. Jacob spends 8% of his income on transport and 60% of the remaining amount on food. After these expenses, he managed to save $662.4. His income is: Ops: A. $1000 B. $900 C. $1100 D. $1800 Q 06. If the cost price of an item is $840, the mark up is 15% and the discount is 10%, then find the profit percent. Ops: A. 3.5% B. 4.8% C. 6.2% D. 7% Q 07. Incomes of Sophia and Alice are in the ratio of 7 : 9 and each of them saves $360. Find Sophia's income, if the ratio of their expenditures is 2 : 3? Ops: A. $840 B. $1420 C. $1360 D. $1080
A development project which was financed by ecological organizations amounted to P 3.6 million. If there had been two more contributors, and the expenses were shared equally, it would have cost each organization P300,000 less. How many organizations contributed to the project?
A society collected 72.25. If each member of thesociety collected as many paise as there were members,then how much did each contribute?
Select the correct answerSeema started a business investing 20,000. After six months, Heema joined her with 75,000. After another six months, Neema also joined them with 50,000. What should be the ratio in which the profits are shared by the 3 persons respectively at the end of 2 years?
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.