Post Utme Al Hikmah University 2018 Accounting Question 30

Practice objective / multiple choice question 30 from the 2018 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2018 Accounting Objective / Multiple Choice
Question 30 POST_UTME_AL-HIKMAH_UNIVERSITY • 2018 • ACCOUNTING • objective

In a partnership with a 60% interest, A and B share profits and losses in the ratio 5:3. If the total profit for the year is ₦1,500,000, what is A's share of the profit?

Answer Options

Correct Answer A. ₦450,000
B. ₦525,000
C. ₦600,000
D. ₦675,000
Correct Answer
A
Correct Option:
₦450,000

About This Question

This is Post Utme Al Hikmah University 2018 Accounting Question 30. It is one of the objective questions from the 2018 Post Utme Al Hikmah University Accounting examination.

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