Post Utme Abu 2021 Accounting Question 7

Practice objective / multiple choice question 7 from the 2021 Post Utme Abu Accounting examination.

Post Utme Abu 2021 Accounting Objective / Multiple Choice
Question 7 POST_UTME_ABU • 2021 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the profits, while partner B has a 40% interest. If the total profit for the year is ₦180,000, how much will partner A receive?

Answer Options

Correct Answer A. ₦108,000
B. ₦90,000
C. ₦100,000
D. ₦120,000
Correct Answer
A
Correct Option:
₦108,000

About This Question

This is Post Utme Abu 2021 Accounting Question 7. It is one of the objective questions from the 2021 Post Utme Abu Accounting examination.

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