Post Utme Coal City University 2025 Accounting Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Coal City University Accounting examination.

Post Utme Coal City University 2025 Accounting Objective / Multiple Choice
Question 7 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • ACCOUNTING • objective

A partnership is formed between three individuals: John, Mary, and David. John invests ₦500,000, Mary invests ₦300,000, and David invests ₦200,000. If the partnership earns a profit of ₦150,000, how much will each partner receive?

Answer Options

Correct Answer A. John: ₦50,000, Mary: ₦30,000, David: ₦20,000
B. John: ₦40,000, Mary: ₦20,000, David: ₦30,000
C. John: ₦30,000, Mary: ₦20,000, David: ₦40,000
D. John: ₦20,000, Mary: ₦30,000, David: ₦40,000
Correct Answer
A
Correct Option:
John: ₦50,000, Mary: ₦30,000, David: ₦20,000

About This Question

This is Post Utme Coal City University 2025 Accounting Question 7. It is one of the objective questions from the 2025 Post Utme Coal City University Accounting examination.

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