Post Utme Unilorin 2018 Accounting Question 38

Practice objective / multiple choice question 38 from the 2018 Post Utme Unilorin Accounting examination.

Post Utme Unilorin 2018 Accounting Objective / Multiple Choice
Question 38 POST_UTME_UNILORIN • 2018 • ACCOUNTING • objective

A partnership has two partners, A and B. Partner A invests ₦200,000 and Partner B invests ₦300,000. The partnership earns a profit of ₦150,000. The profit is divided in the ratio 2:3. Calculate the amount of profit that Partner A receives.

Answer Options

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

About This Question

This is Post Utme Unilorin 2018 Accounting Question 38. It is one of the objective questions from the 2018 Post Utme Unilorin Accounting examination.

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