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A dealer bought painting for N500 and 2 years later sold it for N650 in...

A dealer bought painting for N500 and 2 years later sold it for N650 in reckoning his rate of profit he takes into consideration the fact that his money could have been interested for this time at 4% compound interest. Find his true rate of profit.?
In Benue State Poly
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Asked by Ifunanya on 13th September, 2023
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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