How to calculate interest rate when principal and time in days are known?
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By using the formula of si=p*r*t÷100
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Helloo!!
As You know
S.I = simple interest
P = principal
T = Time
R = rate of interest
SI = PRT/100
So,
R = S.IX100/PxT
hope it helps!
As You know
S.I = simple interest
P = principal
T = Time
R = rate of interest
SI = PRT/100
So,
R = S.IX100/PxT
hope it helps!
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