Neco 2024 Commerce Question 28
Practice objective / multiple choice question 28 from the 2024 Neco Commerce examination.
In a partnership, Partner A contributes \(200{,}000\) Naira for 6 months and then withdraws, while Partner B contributes \(150{,}000\) Naira for the full 12 months. The partnership earns a net profit of \(84{,}000\) Naira, which is to be shared in proportion to each partner's capital‑months. Partner A also receives a fixed salary of \(8{,}000\) Naira for management. What amount of profit does Partner B receive after the salary is paid?
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About This Question
This is Neco 2024 Commerce Question 28. It is one of the objective questions from the 2024 Neco Commerce examination.
Difficulty level: Medium .
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