A headmaster contributes 7% of his income into a fund and his wife contributes 4%...

WAEC 1991

A headmaster contributes 7% of his income into a fund and his wife contributes 4% of her income. If the husband earns N5,500 per annum (p.a) and the wife earns N4,000 (P.a), find the sum of their annual contribution to the fund

A. N1045
B. N605
C. N545
D. N490
E. N440

WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now

Your School's Whatsapp Group - Join Us now

Correct Answer: Option C

Explanation

Husband contributions = \(\frac{7}{100}\) x N5,500 = N385

Wife contribution = \(\frac{4}{100}\) x N4,000 = N160

Sum of their Annual contribution = N385 + N160 = N545

Previous Next

Go back to Maths classroom

Report an Error Ask A Question Download App