Neco 2023 Commerce Question 16
Practice objective / multiple choice question 16 from the 2023 Neco Commerce examination.
A invests \(\text{₦}200{,}000\) for 12 months, B invests \(\text{₦}150{,}000\) for 9 months, and C invests \(\text{₦}100{,}000\) for 6 months. The total profit to be shared is \(\text{₦}320{,}000\). C receives a fixed salary of \(\text{₦}30{,}000\) before profit sharing. Determine A's final share of the profit in naira.
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About This Question
This is Neco 2023 Commerce Question 16. It is one of the objective questions from the 2023 Neco Commerce examination.
Difficulty level: Medium .
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