The simple interest on ₦8550 for 3 years at x% per annum is ₦4890. Calculate
MATHEMATICS
JAMB 2019
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: A. 19%
Post an Explanation Or Report an Error
If you see any wrong question or answer, please leave a comment below and we'll take a look. If you doubt why the selected answer is correct or need additional more details? Please drop a comment or Contact us directly. Your email address will not be published. Required fields are marked *