Post Utme Mountain Top University 2025 Accounting Question 25

Practice objective / multiple choice question 25 from the 2025 Post Utme Mountain Top University Accounting examination.

Post Utme Mountain Top University 2025 Accounting Objective / Multiple Choice
Question 25 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2025 • ACCOUNTING • objective

Two partners, A and B, share profits and losses in the ratio 3:2. The capital of A is ₦60,000, and the capital of B is ₦40,000. The total profit for the year is ₦100,000. The share of profit of A is

Answer Options

A. ₦60,000
Correct Answer B. ₦50,000
C. ₦40,000
D. ₦30,000
Correct Answer
B
Correct Option:
₦50,000

About This Question

This is Post Utme Mountain Top University 2025 Accounting Question 25. It is one of the objective questions from the 2025 Post Utme Mountain Top University Accounting examination.

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