2019
Mathematics
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The simple interest on ₦8550 for 3 years at x% per annum is ₦4890. Calculate the value of x to the nearest whole number.
A.
19%
B.
20%
C.
25%
D.
16.3%
Correct Answer: 19%
Explanation
S.I = PR/T100 ⟹ N 4890 = (8550 × 3 × x)/100 x = (4890 × 100)/(8550×3) x=19.06 x≊19
S.I = PR/T100 ⟹ N 4890 = (8550 × 3 × x)/100 x = (4890 × 100)/(8550×3) x=19.06 x≊19THIS WEEK's
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