Okoro and Osula are in partnership sharing profits and losses in the ratio 3 : 2 respectively. Their respective capital were ₦7,000 and ₦5,000. Interest on capital was 5% and interest on drawings was 10%. The net profit was ₦30,000.Using the following information, Okoro's share of the profit is

A.

₦17,070

B.

₦16,070

C.

₦11,380

D.

₦10,000

Correct answer is A

No explanation has been provided for this answer.