Gce Model Questions Vol1 2017 Christian Religious Studies Question 11
Practice objective / multiple choice question 11 from the 2017 Gce Model Questions Vol1 Christian Religious Studies examination.
According to Jesus' teaching that it is difficult for a rich man to enter the kingdom of God, consider a wealthy merchant who initially has £(120{,}000). He first reduces his net worth by 30 % to fund charitable projects. He then invests the remaining amount at a simple interest rate of 4 % per year for 3 years. After the investment period he gives away 50 % of the accumulated amount to the poor. What percentage of his original wealth has been given away in total (including the initial 30 % reduction and the later donation)?
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About This Question
This is Gce Model Questions Vol1 2017 Christian Religious Studies Question 11. It is one of the objective questions from the 2017 Gce Model Questions Vol1 Christian Religious Studies examination.
Difficulty level: Medium .
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