Formula for finding Simple Interest(SI): SI [Interest] = (P×R×T)/100
P [sum] = (SI×100)/(R×T)
R [Rate/year] = (SI×100)/(P×T)
T [Time] = (SI×100)/(P×R)
where S.I. = Simple Interest, P = Principal or Sum of amount, R = % Rate per annum, T = Time Span
Online Simple Interest Calculation. Calculating Simple Interest, Principal, Rate of Interest and Time Period is made easier.
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