Question

To reads principal, time and rate to calculate simple interest and total amount​

Answer 1

Hey there !!

Here is your Answer Buddy ``|

• Simple Interest is calculated using the following formula: SI = P × R × T .

Where ,,

• P = Principal .
• R = Rate of Interest .
• T = Time period.

• Here, the rate is given in percentage (r%) is written as r/100.

• And the principal is the sum of money that remains constant for every year in the case of simple interest.

Hope this helps !!

Answer by Mich Alien ``