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5/18 MCQs for:
NUMBER & NUMERATION: Interest - Simple And Compound

Munu saves 1000,000frs in the bank at 10% per annum, what will be his total interest in 1 year?

The simple interest on 200,000FCFA at a rate of 3% after 5 years is:

Assouga saves 100,000frs in the bank at 6% per annum, what will be his total interest in 2 years?

The simple interest on 150,000frs in 2 years at 4% rate per annum is:

The rate at which 2,000,000 FCFA is invested for 2 years to yield an interest of 200,000 FCFA is: