Math, asked by Prince11pintu, 1 year ago

full from of PTR/100?

Answers

Answered by AritraK
119
Dear friend,

The full form of PTR / 100 is the formula of calculating the Simple Interest.

 SI = \frac{P \times T \times R}{100}

Where P = Principle
T = Time
R = Rate of interest per annum
SI = Simple Interest

Hope it helps !!!

AritraK: Example :
AritraK: P = Rs. 5000, R = 6% p.a. , T = 4 years
AritraK: SI = PRT/100
AritraK: (5000 × 6 × 4) ÷ 100
AritraK: 50×6×4 = Rs. 1200
AritraK: SI = Rs. 1200
AritraK: Hope this helps !
Prince11pintu: thnk u very much bro
Prince11pintu: You are genius ..god bless u
AritraK: Thank you.
Answered by Anonymous
4

Full form of PTR/100:-

Simple interest:

  • The method of computing interest for a given principal amount of money is known as simple interest (S.I).
  • If you know the principal amount, the rate of interest, and the time periods, you can use the simple interest formula to calculate the interest amount.

The following is a simple interest formula:

Simple interest = PTR/100

Where,

SI stands for simple interest.

P stands for the principal.

R stands for interest rate (in percentage)

T is the duration of time (in years)

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