Waec Model Questions Vol1 2019 Commerce Question 15

Practice objective / multiple choice question 15 from the 2019 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2019 Commerce Objective / Multiple Choice Medium Difficulty
Question 15 WAEC_MODEL_QUESTIONS_VOL1 • 2019 • COMMERCE • objective

Three partners A, B and C invest capital in a partnership for different periods: A invests ₦50 000 for 6 months, B invests ₦30 000 for 9 months and C invests ₦20 000 for 12 months. At the end of the year the partnership records a profit of ₦48 000 which is to be shared in proportion to each partner's capital‑months. How much profit does partner B receive (in naira)?

Answer Options

A. 18000
B. 14400
C. 12000
Correct Answer D. 16000
Correct Answer
D
Correct Option:
16000

About This Question

This is Waec Model Questions Vol1 2019 Commerce Question 15. It is one of the objective questions from the 2019 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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