Post Utme Madonna University 2022 Accounting Question 35

Practice objective / multiple choice question 35 from the 2022 Post Utme Madonna University Accounting examination.

Post Utme Madonna University 2022 Accounting Objective / Multiple Choice
Question 35 POST_UTME_MADONNA_UNIVERSITY • 2022 • ACCOUNTING • objective

Two partners, A and B, invest ₦100,000 and ₦150,000 respectively in a business. If the business earns a profit of ₦50,000, what is the share of profit of partner A?

Answer Options

A. ₦25,000
Correct Answer B. ₦30,000
C. ₦35,000
D. ₦40,000
Correct Answer
B
Correct Option:
₦30,000

About This Question

This is Post Utme Madonna University 2022 Accounting Question 35. It is one of the objective questions from the 2022 Post Utme Madonna University Accounting examination.

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