Waec Model Questions Vol1 2025 Commerce Question 6

Practice objective / multiple choice question 6 from the 2025 Waec Model Questions Vol1 Commerce examination.

Waec Model Questions Vol1 2025 Commerce Objective / Multiple Choice Medium Difficulty
Question 6 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • COMMERCE • objective

Three partners A, B and C invest capital of N200,000, N150,000 and N100,000 respectively in a partnership. The partnership agreement states that each partner receives interest on his capital at 8% per annum, and the remaining profit (after interest) is shared in proportion to the capital contributed. If the net profit before interest for the year is N126,000, determine the amount each partner receives at the end of the year.

Answer Options

A. A: N56,000; B: N40,000; C: N30,000
B. A: N58,000; B: N39,000; C: N28,000
C. A: N54,000; B: N42,000; C: N30,000
Correct Answer D. A: N56,000; B: N42,000; C: N28,000
Correct Answer
D
Correct Option:
A: N56,000; B: N42,000; C: N28,000

About This Question

This is Waec Model Questions Vol1 2025 Commerce Question 6. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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