Post Utme Futo 2025 Accounting Question 29

Practice objective / multiple choice question 29 from the 2025 Post Utme Futo Accounting examination.

Post Utme Futo 2025 Accounting Objective / Multiple Choice
Question 29 POST_UTME_FUTO • 2025 • ACCOUNTING • objective

In a partnership, the profit-sharing ratio is 2:3:5. If the total profit is ₦120,000, how much will the partner with a 5% share receive?

Answer Options

A. ₦18,000
B. ₦20,000
Correct Answer C. ₦22,000
D. ₦24,000
Correct Answer
C
Correct Option:
₦22,000

About This Question

This is Post Utme Futo 2025 Accounting Question 29. It is one of the objective questions from the 2025 Post Utme Futo Accounting examination.

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