Question 1 Report
If N225.00 yields N27.00 in x years simple interest at the rate of 4% per annum, find x.
Answer Details
Principal = N225.00, interest = N27.00
Year = x, Rate = 4%
1 = PRT100 P R T 100
27 = 225×4×x100 225 × 4 × x 100 = 2700 = 900T
T = 2700900 2700 900
= 3 years
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