Gce Model Questions Vol1 2025 Commerce Question 12

Practice objective / multiple choice question 12 from the 2025 Gce Model Questions Vol1 Commerce examination.

Gce Model Questions Vol1 2025 Commerce Objective / Multiple Choice Medium Difficulty
Question 12 GCE_MODEL_QUESTIONS_VOL1 • 2025 • COMMERCE • objective

Partners A, B and C invest \(£30,000\), \(£20,000\) and \(£10,000\) respectively for a period of 3 years. They agree that profit will be shared in proportion to the capital contributed, plus a 5 % per‑annum interest on each partner's capital, and that A receives a fixed salary of \(£2,000\) per year. If the total profit after 3 years is \(£45,000\), how much does each partner receive?

Answer Options

A. A: £23,500; B: £13,500; C: £8,000
B. A: £26,500; B: £12,000; C: £6,500
Correct Answer C. A: £25,500; B: £13,000; C: £6,500
D. A: £24,000; B: £14,000; C: £7,000
Correct Answer
C
Correct Option:
A: £25,500; B: £13,000; C: £6,500

About This Question

This is Gce Model Questions Vol1 2025 Commerce Question 12. It is one of the objective questions from the 2025 Gce Model Questions Vol1 Commerce examination.

Difficulty level: Medium .

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