Formula of Simple Interest

In this article we will learn about Simple Interest.

If, A denotes Amount
P=> Principal
R=> Rate
T=> Time
and
Int=> Interest

Simple Interest
Simple Interest


Then,

  • Int=PTR/100
  • P=Int×100/TR
  • T=Int×100/PR
  • R=Int×100/TP
  • A=P+Int
  • P=A-Int
  • Int=A-P
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