Math, asked by bhargavarudra19, 1 month ago

what is the Unit of Simple interest?

Answers

Answered by richartparmar

5

Answer:

Simple Interest is the interest calculated on the Principal amount, rather than being calculated on cumulative amount. Simple Interest, SI = P x R x T / 100, where P is the principal, R is the rate of interest per unit time period and T is the time period.

Step-by-step explanation:

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