Post Utme Igbinedion University 2024 Accounting Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Igbinedion University Accounting examination.

Post Utme Igbinedion University 2024 Accounting Objective / Multiple Choice
Question 2 POST_UTME_IGBINEDION_UNIVERSITY • 2024 • ACCOUNTING • objective

A company has two partners, A and B, who share profits in the ratio 3:2. If the total profit for the year is ₦120,000, what is the amount of profit that partner A will receive?

Answer Options

A. ₦90,000
B. ₦60,000
Correct Answer C. ₦72,000
D. ₦80,000
Correct Answer
C
Correct Option:
₦72,000

About This Question

This is Post Utme Igbinedion University 2024 Accounting Question 2. It is one of the objective questions from the 2024 Post Utme Igbinedion University Accounting examination.

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