Post Utme Lautech 2021 Accounting Question 16

Practice objective / multiple choice question 16 from the 2021 Post Utme Lautech Accounting examination.

Post Utme Lautech 2021 Accounting Objective / Multiple Choice
Question 16 POST_UTME_LAUTECH • 2021 • 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, calculate the amount of profit that partner A will receive.

Answer Options

Correct Answer A. ₦72,000
B. ₦48,000
C. ₦60,000
D. ₦80,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Lautech 2021 Accounting Question 16. It is one of the objective questions from the 2021 Post Utme Lautech Accounting examination.

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