Mathematics Topic
21 Questions Available
Financial Arithmetic
Curriculum questions and revision modules on Financial Arithmetic.
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Sample Questions in Financial Arithmetic
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UTME / JAMB 2025
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A car dealer bought a used car for ₦270,000 and spent ₦70,000 to refurbish it. He later sold the car for ₦490,000. What was the percentage profit?
UTME / JAMB 2025
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An amount of # 600,000.00 was realized when a principal y was saved for 5% simple interest for 4 years, find the value of y
UTME / JAMB 2024
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Find the amount if simple interest is paid yearly at 5% per annum for 3 years, on a principal of # 200,000.00
UTME / JAMB 2024
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A boy bought Oranges at the rate of #24.00 for 5 and sold it at the rate of # 30.00 for 4 Oranges. Find the profit made of the ones sold
UTME / JAMB 2023
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At simple interest, a man made a deposit of some money in the bank. The amount in his bank account after 10 years is three times the money deposited. If the interest rate stays the same, after how many years will the amount be five times the money deposited?
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