Post Utme Delsu 2024 Accounting Question 6

Practice objective / multiple choice question 6 from the 2024 Post Utme Delsu Accounting examination.

Post Utme Delsu 2024 Accounting Objective / Multiple Choice
Question 6 POST_UTME_DELSU • 2024 • ACCOUNTING • objective

The partnership accounts of XYZ Ltd. show a profit of ₦120,000. The capital of the partners is divided in the ratio 3:5:7. If the total capital is ₦600,000, calculate the amount of profit to be divided among the partners.

Answer Options

A. ₦36,000
Correct Answer B. ₦60,000
C. ₦90,000
D. ₦120,000
Correct Answer
B
Correct Option:
₦60,000

About This Question

This is Post Utme Delsu 2024 Accounting Question 6. It is one of the objective questions from the 2024 Post Utme Delsu Accounting examination.

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