Post Utme Redeemers University 2025 Accounting Question 17

Practice objective / multiple choice question 17 from the 2025 Post Utme Redeemers University Accounting examination.

Post Utme Redeemers University 2025 Accounting Objective / Multiple Choice
Question 17 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • ACCOUNTING • objective

A company has two partners, A and B, who share profits in the ratio 3:2. If the total profit for the year is ₦1.2 million, what is the share of profit for partner A?

Answer Options

Correct Answer A. ₦600,000
B. ₦400,000
C. ₦300,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦600,000

About This Question

This is Post Utme Redeemers University 2025 Accounting Question 17. It is one of the objective questions from the 2025 Post Utme Redeemers University Accounting examination.

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