JAMB Principles of Accounts 2011 Question 41

Keme and Kemi are in partnership sharing profit and losses in the ratio 3 : 2.
Capital: Keme ₦20,000; Kemi ₦10,000
Drawings: Keme ₦2,000; Kemi ₦3,000
Profit ₦6,000
Interest on capital 5%
Interest on drawings 10%
The interest on Keme's drawings is calculated as

1. A.₦200
2. B.₦150
3. C.₦300
4. D.₦100