Post Utme Futa 2025 Accounting Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Futa Accounting examination.

Post Utme Futa 2025 Accounting Objective / Multiple Choice
Question 7 POST_UTME_FUTA • 2025 • ACCOUNTING • objective

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

Answer Options

Correct Answer A. ₦12,500
B. ₦15,000
C. ₦17,500
D. ₦20,000
Correct Answer
A
Correct Option:
₦12,500

About This Question

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

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