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BECE Mathematics 2025 Objective — Question 20

Question 20 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Mathematics 2025 Objective paper, with the correct answer and a full explanation.

Find the simple interest on ₦20,000.00 for 3 years at 5% per annum.

A. ₦3,000.00Correct
B. ₦3,500.00
C. ₦4,000.00
D. ₦4,200.00

Explanation

20000×5×3/100 = 3000.

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