Post Utme Futa 2023 Accounting Question 38

Practice objective / multiple choice question 38 from the 2023 Post Utme Futa Accounting examination.

Post Utme Futa 2023 Accounting Objective / Multiple Choice
Question 38 POST_UTME_FUTA • 2023 • ACCOUNTING • objective

A partnership has two partners, A and B, who share profits and losses in the ratio 3:2. If the total profit for the year is ₦150,000, what is the share of profit of partner A?

Answer Options

Correct Answer A. ₦90,000
B. ₦60,000
C. ₦45,000
D. ₦30,000
Correct Answer
A
Correct Option:
₦90,000

About This Question

This is Post Utme Futa 2023 Accounting Question 38. It is one of the objective questions from the 2023 Post Utme Futa Accounting examination.

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