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2015
Mathematics
JAMB
Find the simple interest on N325 in 5years at 3% per annum.
A.
N48.75K
B.
N50.10K
C.
N75.50K
D.
N15.75K
Correct Answer:
N48.75K
Explanation
I =[ PRT ÷ 100] [(325 × 5 × 3) ÷ (100)] N(195 ÷ 4) N48.75K
I =[ PRT ÷ 100] [(325 × 5 × 3) ÷ (100)] N(195 ÷ 4) N48.75K
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