Question

write the formula for pricipal , rate of interest , time
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Answer 1

Answer:

Principal x Rate of Interest x Time

Step-by-step explanation

Answer 2

Answer:

For finding principal we use the same formula of amount as A = P(1 + r)n Where, P = principal R = rate in percent

Simple Interest Rate Formula Simple interest is levied when a loan is borrowed for one year or less. Simple interest is generally applied for the short term. Simple Interest Rate = (Principle * Rate of Interest * Time Period (years))/ 100

An easy way to remember the formulae is to put distance, speed and time (or the letters D, S and T) into a triangle. The triangles will help you remember these three rules: [Distance = Speed times Time]

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