Post Utme Futo 2025 Accounting Question 12

Practice objective / multiple choice question 12 from the 2025 Post Utme Futo Accounting examination.

Post Utme Futo 2025 Accounting Objective / Multiple Choice
Question 12 POST_UTME_FUTO • 2025 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the profits, and Partner B has a 40% interest. If the net profit for the year is ₦240,000, how much will Partner A receive?

Answer Options

Correct Answer A. ₦144,000
B. ₦120,000
C. ₦160,000
D. ₦180,000
Correct Answer
A
Correct Option:
₦144,000

About This Question

This is Post Utme Futo 2025 Accounting Question 12. It is one of the objective questions from the 2025 Post Utme Futo Accounting examination.

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