Post Utme Ui 2020 Accounting Question 22

Practice objective / multiple choice question 22 from the 2020 Post Utme Ui Accounting examination.

Post Utme Ui 2020 Accounting Objective / Multiple Choice
Question 22 POST_UTME_UI • 2020 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A has a 70% interest in the partnership, and partner B has a 30% interest. If the partnership's profit is ₦150,000, what is partner A's share of the profit?

Answer Options

Correct Answer A. ₦105,000
B. ₦90,000
C. ₦75,000
D. ₦60,000
Correct Answer
A
Correct Option:
₦105,000

About This Question

This is Post Utme Ui 2020 Accounting Question 22. It is one of the objective questions from the 2020 Post Utme Ui Accounting examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support