Post Utme Unilorin 2017 Commerce Question 35

Practice objective / multiple choice question 35 from the 2017 Post Utme Unilorin Commerce examination.

Post Utme Unilorin 2017 Commerce Objective / Multiple Choice
Question 35 POST_UTME_UNILORIN • 2017 • COMMERCE • objective

A company has a partnership business structure with two partners. The partners agree to share the profits and losses in a 3:2 ratio. If the company makes a profit of ₦200,000, how much will each partner receive?

Answer Options

Correct Answer A. Partner A: ₦150,000, Partner B: ₦50,000
B. Partner A: ₦120,000, Partner B: ₦80,000
C. Partner A: ₦180,000, Partner B: ₦20,000
D. Partner A: ₦200,000, Partner B: ₦0
Correct Answer
A
Correct Option:
Partner A: ₦150,000, Partner B: ₦50,000

About This Question

This is Post Utme Unilorin 2017 Commerce Question 35. It is one of the objective questions from the 2017 Post Utme Unilorin Commerce examination.

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