Neco 2020 Commerce Question 36
Practice objective / multiple choice question 36 from the 2020 Neco Commerce examination.
A partnership of three persons A, B and C shares profit in the ratio 3:2:5. After paying a fixed salary of \(12{,}000\) naira to each partner, the remaining profit is divided according to the profit‑sharing ratio, and A receives \(30{,}000\) naira. What was the total profit of the business before salaries were paid?
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About This Question
This is Neco 2020 Commerce Question 36. It is one of the objective questions from the 2020 Neco Commerce examination.
Difficulty level: Easy .
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