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Question 7

If N2,500.00 amounted to N3,50.00 in 4 years at simple interest, find the rate at which the interest was charged

  • A.5%
  • B.7\(\frac{1}{2}\)%
  • C.8%
  • D.10%
Objective

Question details

Exam body
WAEC
Subject
Mathematics
Year
2012
Question no.
#7
Type
Objective
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