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LoginWhat is the Unit of Simple interest?
Interview Questions Math 1 year ago
Posted on 18 Jan 2024, this text provides information on Math related to Interview Questions. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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Best Answer
1 year ago
SIMPLE Interest is the interest calculated on the Principal amount, RATHER than being calculated on cumulative amount. Simple Interest, SI = P X R x T / 100, where P is the principal, R is the rate of interest per unit time period and T is the time period.Step-by-step explanation: GOOD night buddy!Click Here For Explanation