Question on: JAMB Mathematics - 2015

Find the simple interest on N325 in 5years at 3% per annum.

A
N48.75K
B
N50.10K
C
N75.50K
D
N15.75K
Ask EduPadi AI for a detailed answer
Correct Option: A

I =[ PRT ÷ 100]

[(325 × 5 × 3) ÷ (100)]

N(195 ÷ 4)

N48.75K

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