N60 000.00
N54 000.00
N48 000.00
N42 000.00
Correct answer is B
use "T" to represent the total profit. The first receives 13 T
remaining, 1 - 13
= 23T
The seconds receives the remaining, which is 23 also
23 x 23 = 49
The third receives the left over, which is 23T - 49T = (6−49)T
= 29T
The third receives 29T which is equivalent to N12000
If 29T = N12, 000
T = 1200029
Total share[T] = N54, 000
The first receives 13 of T → 13 * N54, 000 = N18,000
The second receives 49 of T → 49 * N54, 000 = N24,000
The third receives 29T which is equivalent to N12000.
Adding the three shares give total profit of N54,000