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Ashwini reddy
CAT Preparation Community 6y ago
Plz send the Simple intrest basic formula
3
Boga 5 6y ago
SI = PTR/100
Sanchit Ghai 6y ago
In the above given formulae by Boga5
Let me expand the variables
Simple Interest = Principal * Term(how long is the interest)*R(Rate of interest) / 100
