Use the following information to answer the question below

\(\begin{array}{c|c}
& Ade(N) & Bola(N) \\
\hline
Capital & 40,000 & 30,000 \\
\hline
Drawings & 10,000 & 15,000
\end{array}\)
Interest on drawing is 5%; profit is shared equally.

Ade's share of profit is

a

N5,500

b

N4,250

c

N2,750

d

N1,250

Download Offline App Ask a Question

Explanation

Correct Option
c

No explanation available

Video Explanation

No video available

Post your Contribution

Share:

Discussions (1)

samson394978
1 year ago

my school the question isn't complete

Quick Questions

Ask a Question
CO

ceoofwahala

20th June, 2026

Chemistry


2 comments

ASSAAS

20th June, 2026

English Language


5 comments

infinitehoaxx

21st May, 2026

Computer


4 comments