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Sakwa deposited sh 25 000 in a bank which paid compound interest at the rate of 10 percent per annum. If he withdrew all his money after 1 and a half years, how much interest did his money earn?

Class: KCPE

Subject: Mathematics

Topic: Measurement-money

Lesson Summary

Sakwa deposited sh 25 000 in a bank which paid compound interest at the rate of 10 percent per annum. If he withdrew all his money after 1 and a half years, how much interest did his money earn?

A.sh 5,250
B.sh 2,500
C.sh 1,375
D.sh 3,875



Text Answer


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The correct answer is D (sh 3,875).

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