Post Utme Osustech 2025 Accounting Question 32

Practice objective / multiple choice question 32 from the 2025 Post Utme Osustech Accounting examination.

Post Utme Osustech 2025 Accounting Objective / Multiple Choice
Question 32 POST_UTME_OSUSTECH • 2025 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, who contribute N500,000 and N300,000 respectively. The profit is to be shared in the ratio 3:2. If the profit for the year is N200,000, calculate the share of profit of each partner.

Answer Options

Correct Answer A. A: ₦150,000, B: ₦50,000
B. A: ₦120,000, B: ₦80,000
C. A: ₦180,000, B: ₦20,000
D. A: ₦100,000, B: ₦100,000
Correct Answer
A
Correct Option:
A: ₦150,000, B: ₦50,000

About This Question

This is Post Utme Osustech 2025 Accounting Question 32. It is one of the objective questions from the 2025 Post Utme Osustech Accounting examination.

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