Question

Question 11
In simple interest (SI), if P is the principal, R=rate of interest and T = number of years, what is the formula to find rate of interst?
O R=(SI X 100)/(
PT)
R=(Px 100(SI XT)
R=(SI x 100)/(P)
R=(SI X 100) (T)​

Answer 1

Answer:

SI = P X R X T / 100

transpose the equation,

R = (SI X 100) / (P X T)

So, the answer is option a or 1