If N225.00 yields N27.00 in x years simple interest at th...
If N225.00 yields N27.00 in x years simple interest at the rate of 4% per annum, find x.
3
4
12
17
Correct answer is A
Principal = N225.00, interest = N27.00
Year = x, Rate = 4%
1 = PRT100
27 = 225×4×x100 = 2700 = 900T
T = 2700900
= 3 years