The simple interest on ₦8550 for 3 years at x% per annum is ₦4890. Calculate the value of x to the nearest whole number.

By: |Published on: Jan 6|Categories: Mathematics WAEC| 0 comments

A. 19%
B. 20%
C. 25%
D. 16.3%

Correct Answer: Option A

A. 19%

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