Question

what is term of I=ptr/100​

Answer 1

Answer:

P = Principal Amount.

I = Interest Amount.

r = Rate of Interest per year in decimal; r = R/100.

R = Rate of Interest per year as a percent; R = r * 100.

Answer 2

Answer:

P = Principal Amount.

I = Interest Amount.

r = Rate of Interest per year in decimal;

t = time taken (per annum)