Arithmeticeasy · Past Paper
What is the formula to calculate Simple Interest?
AI = P * T * R / 100
BI = P * T * R
CI = (P * T) / (100 * R)
DI = (P * R) / (100 * T)
✓ Correct Answer: A — I = P * T * R / 100
Simple Interest is calculated by multiplying the principal, time, and rate, then dividing by 100.
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