Neco 2018 Commerce Question 8

Practice objective / multiple choice question 8 from the 2018 Neco Commerce examination.

Neco 2018 Commerce Objective / Multiple Choice Medium Difficulty
Question 8 NECO • 2018 • COMMERCE • objective

Three partners A, B and C run a business. Their capital contributions are \(40\,000\) N, \(60\,000\) N and \(50\,000\) N respectively. In addition they each work a number of hours: A works 120 h, B works 80 h and C works 100 h. Profits are shared in proportion to a weighted sum where capital is weighted twice as heavily as labour (i.e., contribution = \(2\times\text{capital} + 1\times\text{hours}\)). If the total profit to be distributed is \(180\,000\) N, how much does each partner receive?

Answer Options

Correct Answer A. A: 48,024 N; B: 71,976 N; C: 60,000 N
B. A: 48,072 N; B: 72,048 N; C: 60,060 N
C. A: 48,108 N; B: 71,891 N; C: 60,040 N
D. A: 48,000 N; B: 72,000 N; C: 60,000 N
Correct Answer
A
Correct Option:
A: 48,024 N; B: 71,976 N; C: 60,000 N

About This Question

This is Neco 2018 Commerce Question 8. It is one of the objective questions from the 2018 Neco Commerce examination.

Difficulty level: Medium .

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