If the simple interest on a sum of money invested at 3% per annum for
MATHEMATICS
JAMB 2018
If the simple interest on a sum of money invested at 3% per annum for 21/2 years is N123, find the principal.
- A. N676.50
- B. N820
- C. N1,640
- D. N4,920
Correct Answer: C. N1,640
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