Question 5

loading...

Prev/Next links

waecmaths question: 

P naira invested for 4 years at r % simple interest per annum  yield 0.36P naira interest. Find the value of r

Option A: 

$1\tfrac{1}{9}$

Option B: 

$1\tfrac{4}{9}$

Option C: 

9

Option D: 

11

waecmaths solution: 

$R=\frac{100\times I}{P\times T}=\frac{100\times 0.36P}{P\times 4}=9$

maths year: 
maths topics: