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What Is The Formula For Rate In Simple Interest? [Solved]
Simple interest is calculated with the following formula: S.I. = P × R × T, where P = Principal, R = Rate of Interest in % per annum, and T = Time, usually calculated as the number of years. The rate of interest is in percentage r% and is to be written as r/100.
Simple Interest Finding rate
7th grade math video explaining how to find the
Simple Interest Formula
This math video tutorial explains how to use the
HOW TO FIND RATE OF INTEREST (SIMPLE INTEREST)
In this video, you will learn how to find
