Post Utme Lautech 2025 Accounting Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Lautech Accounting examination.

Post Utme Lautech 2025 Accounting Objective / Multiple Choice
Question 8 POST_UTME_LAUTECH • 2025 • ACCOUNTING • objective

A partnership has two partners: A and B. Partner A has a 60% interest in the partnership and partner B has a 40% interest. The partnership's profit for the year is ₦120,000. What is partner A's share of the profit?

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 2025 Accounting Question 8. It is one of the objective questions from the 2025 Post Utme Lautech Accounting examination.

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