Question

all formulas of simple and

compound interest (class 8)​

Answer 1

Simple Interest :

• Principal × Rate × Time

Compound Interest :

• [Principal (1 + Rate)^(time)] - Principal

Answer 2

Answer:

Formula of Simple interest is P×R×T/100

Formula of Compound interest is P(1 + R/100)

Step-by-step explanation:

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