Math, asked by satyanarayanpatnaik0, 1 year ago

formulas of simple interest​

Answers

Answered by Anonymous
2

Answer:

SI– P×R×T/100 is the answer

Answered by saniapethani
0

Step-by-step explanation:

Simple Interest Equation (Principal + Interest)

A = P(1 + rt)

Where:

A = Total Accrued Amount (principal + interest)

P = Principal Amount

I = Interest Amount

r = Rate of Interest per year in decimal; r = R/100

R = Rate of Interest per year as a percent; R = r * 100

t = Time Period involved in months or years

From the base formula, A = P(1 + rt) derived from A = P + I and I = Prt so A = P + I = P + Prt = P(1 + rt)

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