Question

what is the formula fo simple interest​

Answer 1

Answer:

simple interest =

$\frac{p \times r \times t}{100} \\ where \: p \: is \: principal \\ r \: is \: rate \: of \: interest \\ t \: is \: time \: period$

Answer 2

$simple \: interest \: = \frac{principal \times time \: \times \: rate \: of \: interest \: }{100}$

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