Post Utme Christopher University 2018 Accounting Question 21

Practice objective / multiple choice question 21 from the 2018 Post Utme Christopher University Accounting examination.

Post Utme Christopher University 2018 Accounting Objective / Multiple Choice
Question 21 POST_UTME_CHRISTOPHER_UNIVERSITY • 2018 • 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 with 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 Christopher University 2018 Accounting Question 21. It is one of the objective questions from the 2018 Post Utme Christopher University Accounting examination.

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