what is formula for simple intrest
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Answered by
1
Hey there! The formula to find simple interest is:
Simple Interest (S.I) = Principal (P)*Time(T)*Rate of Interest (R)/100
Hope this helps ^-^
Simple Interest (S.I) = Principal (P)*Time(T)*Rate of Interest (R)/100
Hope this helps ^-^
Answered by
3
PTR/100
p-principal amount
T-time
R-Rate of interest
p-principal amount
T-time
R-Rate of interest
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