Post Utme Noun 2020 Accounting Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Noun Accounting examination.

Post Utme Noun 2020 Accounting Objective / Multiple Choice
Question 33 POST_UTME_NOUN • 2020 • ACCOUNTING • objective

A partnership has two partners, A and B. The capital accounts of A and B are ₦50,000 and ₦30,000 respectively. The profit-sharing ratio is 3:2. Calculate the profit-sharing ratio in terms of percentage.

Answer Options

Correct Answer A. 45%
B. 55%
C. 60%
D. 65%
Correct Answer
A
Correct Option:
45%

About This Question

This is Post Utme Noun 2020 Accounting Question 33. It is one of the objective questions from the 2020 Post Utme Noun Accounting examination.

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