Waec Model Questions Vol1 2025 Financial Accounting Question 20

Practice objective / multiple choice question 20 from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Waec Model Questions Vol1 2025 Financial Accounting Objective / Multiple Choice Hard Difficulty
Question 20 WAEC_MODEL_QUESTIONS_VOL1 • 2025 • FINANCIAL_ACCOUNTING • objective

In a partnership, Partner A has a capital contribution of ₦120,000 and Partner B has a capital contribution of ₦80,000. If the partnership agreement states that profits are to be shared in the ratio of their capital contributions, what will be Partner A's share of a total profit of ₦60,000?

Answer Options

A. ₦30,000
Correct Answer B. ₦36,000
C. ₦42,000
D. ₦24,000
Correct Answer
B
Correct Option:
₦36,000

About This Question

This is Waec Model Questions Vol1 2025 Financial Accounting Question 20. It is one of the objective questions from the 2025 Waec Model Questions Vol1 Financial Accounting examination.

Difficulty level: Hard .

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support