A cowpea farmer obtained a loan of D50,000.oo from his co-operative society at an interest rate of 5%. Calculate the interest to be paid on the borrowed capital after one year? by Sunday | Jan 22 | Agricultural Science WAEC | 0 comments A. D2,500.00 B. D5,000.00 C. D7,500.00 D. D10,000.00 Correct Answer: Option A A. D2,500.00 Users Also Read These:Capital at start was N280,000, while at the end of…A farmer obtained #250,000 at a simple interest rate…Interest on capital is 10%. The net profit for the…Capital at the start was ₦250,000, while capital at…XYZ Ltd's total sales was #100,000. It had opening…