Post Utme Lautech 2022 Accounting Question 12

Practice objective / multiple choice question 12 from the 2022 Post Utme Lautech Accounting examination.

Post Utme Lautech 2022 Accounting Objective / Multiple Choice
Question 12 POST_UTME_LAUTECH • 2022 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 60% interest in the partnership, while partner B has a 40% interest. If the partnership has a net profit of ₦120,000, how much will partner A receive as their share of the profit?

Answer Options

Correct Answer A. ₦72,000
B. ₦80,000
C. ₦90,000
D. ₦100,000
Correct Answer
A
Correct Option:
₦72,000

About This Question

This is Post Utme Lautech 2022 Accounting Question 12. It is one of the objective questions from the 2022 Post Utme Lautech Accounting examination.

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