Use the following information to answer the given question,
Interest on capital is 10%, the net profit for the year is N40,000. The interest on Tunde’s capital is
A N10,000
B N5,000
C N4,000
D N1,500
Answer is B
Tutors, Past Questions and Projects.
Use the following information to answer the given question,
Interest on capital is 10%, the net profit for the year is N40,000. The interest on Tunde’s capital is
A N10,000
B N5,000
C N4,000
D N1,500
Answer is B
