WAEC Financial Accounting 2025 Question 31

Use the following information to answer questions 30 to 32
Abu: Capital GH¢40,000; Drawings GH¢18,000
Ojo: Capital GH¢20,000; Drawings GH¢12,000
Profit for the year was GH¢54,000: 5% interest on capital and their profit or loss sharing ratio is 3:2 respectively.
Ojo's share of profit for the year is

1. A.GH¢32,400.
2. B.GH¢30,600.
3. C.GH¢21,600.
4. D.GH¢20,400.