Math, asked by laxmidevibharti26, 10 months ago

simple intrest basic part

Answers

Answered by sgajendra114477
2

Answer:

Interest is actually one of the most fundamental business terms, and without it, the financial trading of the world would come to standstill. Interest is defined as the “time value of money

Answered by naresh09meena20
1

Answer:

simple interest = (p×r×t)/100

Step-by-step explanation:

p= principal

r= rate

t= time

Simple interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

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