Jambmaths question:
Calculate the simple interest on N7 500 for 8 years at 5% per annum
Option A:
N3000
Option B:
N 600
Option C:
N 300
Option D:
N150
Jamb Maths Solution:
$\begin{align}
& I=\frac{P\times T\times R}{100} \\
& I=\frac{7500\times 8\times 5}{100}=3000 \\
\end{align}$
Jamb Maths Topic:
Year of Exam: