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P=Rs5000 T= 2yrs R= 4 p.c.p.a, Find the simple interest? |
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Answer» If P denotes the principal ($), R denotes the rate (percentage p.a.) and T denotes time (years), then:-S.I = (P × R × T)/100R = (S.I × 100)/(P × T) P = (S.I × 100)/(R × T)T = (S.I × 100)/(P × R)If the denotes the amount, then A = P + S.IStep-by-step explanation:Note:● When we calculated the time period between two dates, we do not could the DAY on which money is deposited but we count the day on which money is retuned. ● Time is always taken according to the PER cent rat. ● For CONVERTING time in days into years, divide th number of days by 365 (for ordering or lap year.) ● For converting time in month into years, divide th number of month by 12 (for ordering or lap year.) |
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