Post Utme Rhema University 2025 Accounting Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Rhema University Accounting examination.

Post Utme Rhema University 2025 Accounting Objective / Multiple Choice
Question 8 POST_UTME_RHEMA_UNIVERSITY • 2025 • ACCOUNTING • objective

A partnership is formed between two partners, A and B, with a capital of ₦500,000 and ₦300,000 respectively. If the profit is divided in the ratio 3:2, calculate the share of profit of partner A.

Answer Options

A. ₦450,000
Correct Answer B. ₦500,000
C. ₦550,000
D. ₦600,000
Correct Answer
B
Correct Option:
₦500,000

About This Question

This is Post Utme Rhema University 2025 Accounting Question 8. It is one of the objective questions from the 2025 Post Utme Rhema University Accounting examination.

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