Given: Capital:..G...........N5 000 ..........T...........N8 000 Drawings: G...........N2 000 ..........T..........N1 000 Interest on capital..10% Interest on...

FINANCIAL
JAMB 2008

Given:

Capital:..G...........N5 000

..........T...........N8 000

Drawings: G...........N2 000

..........T..........N1 000

Interest on capital..10%

Interest on Drawings..5%

Find the interest on drawings of G?

  • A. N50
  • B. N100
  • C. N200
  • D. N250

Correct Answer: B. N100



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