If N225.00 yields N27.00 in x years simple interest at the rate of 4% per annum, find x.

If N225.00 yields N27.00 in x years simple interest at the rate of 4% per annum, find x.
A. 3
B. 4
C. 12
D. 17
Correct Option: Answer is A
Solution:

Simple Interest (SI) = PTR/100
P =N225, T =x, R = 4%, I = N27

27 = (225 x X x 4)/100; 2700=900x

X = 2700/900 = 3

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