Home » » Use the following information to answer the question below:$$\begin{array}{c|c} & Ade(₦) & Bola(₦) \\ \hline Capital & 40,000 & 30,000 \\ \hline Drawings & 10,000 & 15,000 \end{array}$$Interest on drawing is 5%; profit is shared equally.Ade's share of profit is...

# Use the following information to answer the question below:$$\begin{array}{c|c} & Ade(₦) & Bola(₦) \\ \hline Capital & 40,000 & 30,000 \\ \hline Drawings & 10,000 & 15,000 \end{array}$$Interest on drawing is 5%; profit is shared equally.Ade's share of profit is...

### Question

Use the following information to answer the question below:

$$\begin{array}{c|c} & Ade(₦) & Bola(₦) \\ \hline Capital & 40,000 & 30,000 \\ \hline Drawings & 10,000 & 15,000 \end{array}$$

Interest on drawing is 5%; profit is shared equally.

A) ₦5,500

B) ₦4,250

C) ₦2,750

D) ₦1,250