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Mathematics · Fractions, decimals, approximations and percentages

MathematicsFractions, decimals, approximations and percentagesWAEC

Find the simple interest on ₦25,000 for 3 years at 8% per annum.

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Answer: B. ₦6,000

I = PRT/100 = 25,000 × 8 × 3 / 100 = ₦6,000.

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