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    eloisehunt50's Avatar
    eloisehunt50 Posts: 1, Reputation: 1
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    #1

    Mar 6, 2012, 05:36 PM
    basic mathematics
    Write the formula for simple interest,explaining what the variables represent.
    pratz.ami's Avatar
    pratz.ami Posts: 5, Reputation: 1
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    #2

    Mar 8, 2012, 02:38 AM
    SI=PTR/100
    where SI is simple interest
    P is principal amount
    T is time taken
    R is rate of interest

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