Question

What is the formula of simple interest it is prt/100 right cuz google shows prt
Please help

Answer 1

Step-by-step explanation:

r and t are in the same units of time.

Calculate Interest, solve for I. I = Prt.

Calculate Principal Amount, solve for P. P = I / rt.

Calculate rate of interest in decimal, solve for r. r = I / Pt.

Calculate rate of interest in percent. R = r * 100.

Calculate time, solve for t. t = I / Pr.

Answer 2

Answer:

Yes.!!

Step-by-step explanation:

Simple Interest = (P x N x R)/100 = A + P

here ,

P = Principal amount

N = Timespan (No.of years)

R = Rate of interest

A = Amount

Hope this helps you