Question

Formula to calculate simple interest (SI) is​

Answer 1

Answer:

You can calculate Interest on your loans and investments by using the following formula for calculating simple interest: Simple Interest= P x R x T ÷ 100, where P = Principal, R = Rate of Interest and T = Time Period of the Loan/Deposit in years.

Answer 2

Answer:

P×r×t/100

for Amount - Principal

Step-by-step explanation:

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