Post Utme Uniport 2021 Accounting Question 33

Practice objective / multiple choice question 33 from the 2021 Post Utme Uniport Accounting examination.

Post Utme Uniport 2021 Accounting Objective / Multiple Choice
Question 33 POST_UTME_UNIPORT • 2021 • ACCOUNTING • objective

A partnership is formed by three individuals, A, B, and C, who contribute ₦100,000, ₦150,000, and ₦200,000 respectively. The partnership agreement states that the profits will be shared in the ratio 2:3:4. If the partnership earns a profit of ₦500,000, what is the share of profit of partner A?

Answer Options

Correct Answer A. ₦100,000
B. ₦150,000
C. ₦200,000
D. ₦250,000
Correct Answer
A
Correct Option:
₦100,000

About This Question

This is Post Utme Uniport 2021 Accounting Question 33. It is one of the objective questions from the 2021 Post Utme Uniport Accounting examination.

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