MATHEMATICS Discuss

Calculate the time taken for N3,000 to earn N600 if invested at 8% simple...

Share to WhatsApp
Question 5
A

3 years

B

3\(\frac{1}{2}\) years

C

1\(\frac{1}{2}\) years

D

2\(\frac{1}{2}\) years.

Explanation

Using \(S.I =\frac{P \times T \times R}{100}\)

 

\(600 =\frac{3000 \times T \times 8}{100}\)

 

\(T =\frac{600 \times 100}{3000 \times 8}\)

 

\(\frac{20}{8}\)

 

= 2\(\frac{1}{2}\) years


Correct option: D

Try this quiz in in E-test/CBT Mode
switch to MATHEMATICS in CBT Mode

Previous Question Next Question

Be the first to Comment on this

Sign in to post a comment


Question Map
Quiz link
Share MATHEMATICS with your audience
Share to WhatsApp CBT mode Study mode copy link
​​​Help keep QUIZZERWEB running! 
A donation makes a contribution towards the costs, the time and effort that's going on in building and improving this platform.
 
Donate