Post Utme Veritas University 2025 Accounting Question 6

Practice objective / multiple choice question 6 from the 2025 Post Utme Veritas University Accounting examination.

Post Utme Veritas University 2025 Accounting Objective / Multiple Choice
Question 6 POST_UTME_VERITAS_UNIVERSITY • 2025 • ACCOUNTING • objective

A partnership is formed between two individuals, A and B, with a capital of ₦500,000 each. After one year, the profit is shared in the ratio 3:2. If the total profit is ₦200,000, how much does A receive?

Answer Options

Correct Answer A. ₦120,000
B. ₦150,000
C. ₦180,000
D. ₦200,000
Correct Answer
A
Correct Option:
₦120,000

About This Question

This is Post Utme Veritas University 2025 Accounting Question 6. It is one of the objective questions from the 2025 Post Utme Veritas University Accounting examination.

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