calculate the simple interest and the amount when p= rupee 8420 ,t = 5 years rs. 5.%p.a
Answers
Answer:
i am in 6th but i know the formula but dont know the answer..
Step-by-step explanation:
Formula to calculate Simple Interest?
If P denotes the principal ($), R denotes the rate (percentage p.a.) and T denotes time (years), then:-
S.I = (P × R × T)/100
R = (S.I × 100)/(P × T)
P = (S.I × 100)/(R × T)
T = (S.I × 100)/(P × R)
If the denotes the amount, then A = P + S.I
Note:
● When we calculated the time period between two dates, we do not could the day on which money is deposited but we count the day on which money is retuned.
● Time is always taken according to the per cent rat.
● For converting time in days into years, divide the number of days by 365 (for ordering or lap year.)
● For converting time in month into years, divide the number of month by 12 (for ordering or lap year.)