Question

On a principal of P at R% rate of interest per year, Simple Interest, S.I is given by the formula

Answer 1

Answer:

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To calculate the SI for a certain amount of money (P), rate of interest (R) and time (T), the formula is:

SI = (PTR)/100

Here,

SI = Simple interest

P = Principal (sum of money borrowed)

R = Rate of interest p.a

T = Time (in years)

Answer 2

To calculate the S.I for a certain amount of money (P), rate of interest (R) and time (T), the for

mula is:

SI = (PTR)/100

Here,

SI = Sim.ple interest

P = Principal (sum of money borro.wed)

R = Rate of interest p

T = Time (in years)