Utme 2018 Mathematics Question 16

Practice objective / multiple choice question 16 from the 2018 Utme Mathematics examination. This question covers Finance, Simple Interest .

Utme 2018 Mathematics Objective / Multiple Choice 2 Difficulty
Topics: Finance Simple Interest
Question 16 UTME • 2018 • MATHEMATICS • objective

Calculate the simple interest on N 1,500 for 8 years at 5% per annum.

Answer Options

Correct Answer A. N5,000
B. N600
C. N500
D. N150
Correct Answer
A
Correct Option:
N5,000

About This Question

This is Utme 2018 Mathematics Question 16. It is one of the objective questions from the 2018 Utme Mathematics examination.

The question covers Finance, Simple Interest .

Difficulty level: 2 .

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