Math, asked by AngelicSparks29, 22 hours ago

how to find principal amount in simple interest..

Answers

Answered by Radhaisback2434
2

Step-by-step explanation:

The formula for calculating Principal amount would be P = I / (RT) where Interest is Interest Amount, R is Rate of Interest and T is Time Period.

Formula: Simple Interest=P×r×t where: P=Principal amount; r=Annual interest rate; t=...

Principal Amount: Principal Amount remains constant on Simple Interest

Calculation: It is easy to calculate Simple Interest

Meaning: Simple Interest is calculated on the Principal Amount for the entire tenure

Answered by oOLillyrroseOo
6
  • The formula for calculating Principal amount would be P = I / (RT) where Interest is Interest Amount, R is Rate of Interest and T is Time Period.
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