Question on: JAMB Accounting - 1995

Halidu and Hamed are business partners with N30,000 and N20,000 capital respectively. At the end of the financial year, a profit of N12,000, which included Halidu's salary of N3,000 was made.

Halidu's share of the profit is

A
N7,500
B
N6,000
C
N5,400
D
N4,500
Ask EduPadi AI for a detailed answer
Correct Option: C

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses