Question

3.
Formula to calculate simple interest (SI) is -​

Answer 1

Answer:

P*R*T/100

Step-by-step explanation:

P = Principal

R = Rate of interest

T = Time period

Thus

SI = PRT/100

Answer 2

Answer:

☆•Formula To Find Simple Interest :-

Principal×Rate of Interest ×Time

100

For Example :- =Rs. 6400, R=6%, T=2 years

Now;

P×R×T

6400×6×2

100

=> Rs.768

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