Post Utme Al Hikmah University 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Al Hikmah University Accounting examination.

Post Utme Al Hikmah University 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_AL-HIKMAH_UNIVERSITY • 2025 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with initial capital contributions of ₦100,000 and ₦200,000, respectively. After one year, the partnership earns a profit of ₦150,000. The profit is divided in the ratio 2:3. What is the amount of profit shared by partner A?

Answer Options

A. ₦50,000
Correct Answer B. ₦75,000
C. ₦100,000
D. ₦125,000
Correct Answer
B
Correct Option:
₦75,000

About This Question

This is Post Utme Al Hikmah University 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Al Hikmah University Accounting examination.

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