Neco 2022 Commerce Question 41
Practice objective / multiple choice question 41 from the 2022 Neco Commerce examination.
In a partnership, A, B and C share profit in proportion to the time‑weighted capital they each provide. A invests an amount \(x\) Naira for the whole year. B invests \(20\%\) more than A for the first six months and then adds \(\text{₦}5{,}000\) for the remaining six months. C invests twice A's amount for the whole year. The partnership earns a total profit of \(\text{₦}150{,}000\). Before profit is distributed, A withdraws \(\text{₦}10{,}000\) and his net receipt is \(\text{₦}20{,}000\). Determine A's original capital contribution \(x\).
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About This Question
This is Neco 2022 Commerce Question 41. It is one of the objective questions from the 2022 Neco Commerce examination.
Difficulty level: Medium .
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