Post Utme Delsu 2019 Accounting Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Delsu Accounting examination.

Post Utme Delsu 2019 Accounting Objective / Multiple Choice
Question 32 POST_UTME_DELSU • 2019 • ACCOUNTING • objective

A partnership consisting of A, B, and C shared profits and losses in the ratio 5:3:2. The capital contributed by A, B, and C were ₦50,000, ₦30,000, and ₦20,000 respectively. Calculate the total profit of ₦1,50,000.

Answer Options

A. ₦60,000
B. ₦70,000
Correct Answer C. ₦80,000
D. ₦90,000
Correct Answer
C
Correct Option:
₦80,000

About This Question

This is Post Utme Delsu 2019 Accounting Question 32. It is one of the objective questions from the 2019 Post Utme Delsu Accounting examination.

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