plz tell me how to take out simple interest
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Answer: FORMULA FOR SIMPLE INTEREST IS
[PRINCIPLE×RATE OF INTEREST× TIME(IN YEARS)]/100
Step-by-step explanation:
Answered by
0
Answer:
The formula is:
SI (simple interest)
= P×T×R
100
EXAMPLE :-
P = Rs 100
T = 3 years
R = 10% P.A
SI = 100×3×10
100
= Rs 30
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