Question

what is the formula for:-
(i) Simple Interest
(ii) compound interest
(iii) amount

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Answer 1

$SI \: = \frac{P \times R \times T}{100} \\ \\ \\ CI = P(1 + \frac{R}{100})^{t} - P \\ \\ \\ Amount \: for \: Simple \: Interest= P + (\frac{P \times R \times T}{100} ) \\ \\ \\ Amount \: for \:Compound \: Interest = P{(1 + \frac{R}{100} )}^{t}$

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