Skip to main content
JAMB 2019

The rate of interest on capital for Ade is

  1. A250
  2. B200
  3. C300
  4. D400
  5. EInformation is incomplete to calculate the rate.

Explanation

The question is incomplete as it lacks the necessary financial data, such as Ade's capital amount and the amount of interest paid or charged on capital, to calculate the rate of interest.

Sit a JAMB paper

Real past questions, marked instantly, no account needed.

Start a free paper

Have Sade explain it

Talk it through with a tutor that adapts to you. Free to start.

Talk to Sade

Related questions

More accounts-principles-of-accounts practice around this topic.