## Question 5

Calculate the time taken for N3000 to earn N600 if invested at 8 % simple interest

Maths is funny

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Calculate the time taken for N3000 to earn N600 if invested at 8 % simple interest

A man invested N5000 for 9 months at 4%. What is the simple interest?

At what rate will the interest on N400 increase to N24 in 3 years reckoning in simple interest

Calculate the simple interest on N7 500 for 8 years at 5% per annum

A man made a profit of 5%when he sold an article for N60, 000. How much would he have to sell the article to make a profit?

If the interest on N150.00 is N4.50, find the interest on N250.00 for 6 months at the same rate

Find the principal which amount to N5,500 at simple interest in 5 years at 2% per annum.

A man wishes to keep some money in a saving deposit at 25% compound interest, so that after 3 years he can buy a car for N150,000. How much does he need to deposit now?