Math, asked by pk8542945, 4 months ago

Simple interest concepts and basic class 7 icse

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Answered by himanichachda29

Answer:

Simple interest is a quick and easy method of calculating the interest charge on a loan. Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

Step-by-step explanation:

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Simple interest concepts and basic class 7 icse​

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Simple interest concepts and basic class 7 icse