Give formula of Simple interest , Principal , Rate of interest and time
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Answer:
➲ Simple Interest (S.I) :-
➲ Principal (P) :-
➲ Rate of Interest (r%) :-
➲ Time (t) :-
where,
- S.I = Simple Interest
- P = Principal
- r% = Rate of Interest
- t = Time
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Extra Information :-
- Principal is the amount which is lended or deposited.
- Interest is the excess money over the principal.
➭ Formula for Amount :
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Short Forms
S.I = Simple Interest
P = Principal
r% = Rate of Interest
t = Time
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