Question

write formula of principal and rate​

Answer 1

Answer:

The formula for calculating Principal amount would be P = I / (RT) where Interest is Interest Amount, R is Rate of Interest and T is Time Period.

Answer 2

Step-by-step explanation:

Simple Interest Equation (Principal + Interest)

P = Principal Amount. ... r = Rate of Interest per year in decimal; r = R/100. R = Rate of Interest per year as a percent; R = r * 100. t = Time Period involved in months or years.

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