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Find the simple interest on N225 in 5 years at 10%…

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MATHS

Find the simple interest on N225 in 5 years at 10%

  • A. N112.50
  • B. N224.00
  • C. N108.00
  • D. N167.60

QUICK ANSWER…

A

SOLUTION…  

Find the simple interest on N225 in 5 years at 10%.

Now for the right answer to the above question:

  1. Option A is correct.
  2. Option B is incorrect.
  3. C is incorrect.
  4. D is not the correct answer.
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QUICK TIPS…

You may please note these/this:

  • In case the time is not expressed in terms of years, you must firstly convert to years before applying the above formula.

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/ culled from 2017 JAMB-UTME mathematics question 1 /

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