English, asked by piyushika5, 1 year ago

what is simple interest​

Answers

Answered by pranay014
3

Explanation:

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.

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Soulmortal675: Hello
pranay014: mark this answer as brainlist
Answered by Soulmortal675
1

Answer:

S.I= p×r×t/100

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