Question

WHAT IS THE SIMPLE INTEREST FORMULA?

Answer 1

Simple interest = P*R*T/100 P=principle R =rate T= time

Answer 2

Answer:-

simple interest : When simple interest is calculated, interest is same for the same principal at the same rate of every year

1. simple interest(SI) = principle × Rate × Time

100

2. principal = 100×lnterest

Rate× Time

3. principal = Amount × 100

100 + (R × T)

4. Rate = 100 × lnterest

principal × Time

5. Time = 100 × lnterest

Principal × Rate

Hope it helps