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Halidu and Hamed are business partners with ₦30,000 and ₦20,000 capital respecti...


Question

Halidu and Hamed are business partners with ₦30,000 and ₦20,000 capital respectively. At the end of the financial year, a profit of ₦12,000, which included Halidu's salary of ₦3,000 was made.
Halidu's share of the profit is

Options

A)
₦7,500
B)
₦6,000
C)
₦5,400
D)
₦4,500

The correct answer is C.


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