Post Utme Bowen University 2017 Accounting Question 11

Practice objective / multiple choice question 11 from the 2017 Post Utme Bowen University Accounting examination.

Post Utme Bowen University 2017 Accounting Objective / Multiple Choice
Question 11 POST_UTME_BOWEN_UNIVERSITY • 2017 • ACCOUNTING • objective

In a partnership account, the capital of the partners is divided in the ratio of 3:5:7. If the total capital is ₦1,500,000, what is the amount of capital of the partner who has a 7:1 ratio?

Answer Options

A. ₦420,000
B. ₦630,000
Correct Answer C. ₦840,000
D. ₦1,050,000
Correct Answer
C
Correct Option:
₦840,000

About This Question

This is Post Utme Bowen University 2017 Accounting Question 11. It is one of the objective questions from the 2017 Post Utme Bowen University Accounting examination.

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