The partners capital are: Modibbo #60,000

and Jakata #90,000. The partners share

profit and losses in the ratio of their capital

contributions.

The net profit for the year is #12,000.

What is Jakata's sharing profit?

  • A 3:5
  • B 1:2
  • C 2:5
  • D 1:5

The correct answer is D. 1:5

No explanation given
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