What is the formula of simple interest?

AnswerBot
1y

The formula for simple interest is I = P * R * T

  • Simple interest is calculated using the formula I = P * R * T

  • I represents the interest amount, P is the principal amount, R is the rate of interest, and...read more

Chiranjeev Singh
1y

A=p(1+rt) is the simple interest formula

Mani Surya
1y

A=p(1+rt) Simple intrest formula

Sheerin .N
2y

A=p(1+rt) is the simple interest formula

Karthikeyan
2y

A=p(1+rt) is the simple interest formula

Anonymous
2y

A=p(1+rt)simple interest formula

Asha S
2y

A=p(1+rt) simple interest formula 

bindu sree
2y

A=p(1+rt)

Here A=final accounts

P=initial principal balance 

r= annual interest rate

t=time ( in years)

Madhavi Reddy
2y

A=p(1+rt)simple interest formula

Bhuvana Elangovan2721
2y

Simple interest formula A=P(1+rt)

Ramya.P
2y

Simple interest formula A = P(1+rt)

RAHUL KUMAR RAWAT
2y

A = P (1+ rt)  is formula of simple interest

Pavithira
2y

A=P(1+rt) This is the formula of simple interest

Bharathi
2y

Simple interest formula A = P(1+rt)

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