\(\begin{array}{c|c} & Ade(N) & Bola(N) \\ \hline...
Use the following information to answer the question below
Ade(N)Bola(N)Capital40,00030,000Drawings10,00015,000
Interest on drawing is 5%; profit is shared equally.
Ade's share of profit is
N5,500
N4,250
N2,750
N1,250
Correct answer is C
No explanation has been provided for this answer.
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\(\begin{array}{c|c} & Ade(N) & Bola(N) \\ \hline Capital & 40,000 & 30,000 \\ \hlin...
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