Adamu, Babaji and Chukwu are in partnership and they share profit and losses on ratio 3:2:1. Their respective capitals are N20,000, N15,000 and N5,000 on which on which they are entitle to interest at 5% per annum. The profit for the year before charging interest on capital amounted to N5,500.

Calculate the profit for Adamu?

A.

N583

B.

N1000

C.

N1167

D.

N1750

Correct answer is B

No explanation has been provided for this answer.