Post Utme Lead City University 2021 Accounting Question 27

Practice objective / multiple choice question 27 from the 2021 Post Utme Lead City University Accounting examination.

Post Utme Lead City University 2021 Accounting Objective / Multiple Choice

Question 27 POST_UTME_LEAD_CITY_UNIVERSITY • 2021 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦100,000 each. The profit-sharing ratio is 3:2. Calculate the profit-sharing ratio in percentage.

Answer Options

Correct Answer A. 60%

B. 40%

C. 50%

D. 30%

Correct Answer

Correct Option:

60%

About This Question

This is Post Utme Lead City University 2021 Accounting Question 27. It is one of the objective questions from the 2021 Post Utme Lead City University Accounting examination.

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