Adaeze, Bello, and Chukwu are partners sharing profits and losses in the ratio 3:2:1 respectively. The partnership profit for the year ended 31 December 2023 before charging interest on capital was ₦7,200,000. Interest on capital is allowed at 10% per annum on fixed capitals of ₦3,000,000, ₦2,000,000, and ₦1,000,000 respectively. What is Bello's total share of profit including interest on capital?

Total interest on capital: (10% × ₦3,000,000) + (10% × ₦2,000,000) + (10% × ₦1,000,000) = ₦300,000 + ₦200,000 + ₦100,000 = ₦600,000. Residual profit = ₦7,200,000 − ₦600,000 = ₦6,600,000. Bello's share of residual profit = 2/6 × ₦6,600,000 = ₦2,200,000. Bello's interest on capital = ₦200,000. Bello's total = ₦2,200,000 + ₦200,000 = ₦2,400,000. Wait — recalculating: Bello's total = ₦2,200,000 + ₦200,000 = ₦2,400,000. The correct answer is ₦2,400,000.