Tunde and Segun are partners sharing profits equally. Tunde is entitled to a salary of ₦30,000 per annum. The net profit before charging the salary was ₦90,000. What is Segun's share of the residual profit?

Residual profit after Tunde's salary = ₦90,000 − ₦30,000 = ₦60,000. Profits are shared equally (1:1), so each partner receives ₦60,000 ÷ 2 = ₦30,000. Segun's share of the residual profit is therefore ₦30,000.