If the simple interest on a sum of money invested at 3% per annum for…

Mathematics JAMB 2018

If the simple interest on a sum of money invested at 3% per annum for 2\(\frac{1}{2}\)  years is N123, find the principal.

  • N676.50
  • N820
  • N1,640 checkmark
  • N4,920

The correct answer is: C

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