from the principal I = PTR / 100what do represent letters p r t
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Answer:
p represent principal, r represent rate, and t represent time.
Step-by-step explanation:
Answered by
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Answer:
P=Principal.
R=Rate of interest per annum.
T=Time.
Step-by-step explanation:
The whole formula is:
I which means Interest =P×R×T/100.
This is the formula for Simple Interest.
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