Post Utme Eksu 2020 Accounting Question 2

Practice objective / multiple choice question 2 from the 2020 Post Utme Eksu Accounting examination.

Post Utme Eksu 2020 Accounting Objective / Multiple Choice
Question 2 POST_UTME_EKSU • 2020 • ACCOUNTING • objective

A partnership agreement between two partners, John and Mary, states that John will receive 60% of the profits and Mary will receive 40%. If the total profit for the year is ₦120,000, how much will John receive?

Answer Options

Correct Answer A. ₦72,000
B. ₦48,000
C. ₦60,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Eksu 2020 Accounting Question 2. It is one of the objective questions from the 2020 Post Utme Eksu Accounting examination.

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