Question

what is the formula of finding simple interest​

Answer 1

Answer:

The formula of simple interest is

SI = P * T*R/100

Step-by-step explanation:

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Answer 2

Question:

To give formulas for Simple Interest

Answer:

• Finding SI

Principal / capital amount = P

Rate of Interest = SI rate = r %

Number of years of deposit/loan = n

Amount of Simple interest = SI = P * r  * n

• When I , P,T are given To find r

r = I / Pt

• When I , P, R are given To find t

t = I / Pr

• Amount = SI + P

Where SI-simple interest and P- is Principal