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maths formulas for simple interest. Discount rate discount list price. SI P R T 100.
Expanding Compound Interest Equation To Find R Excel Formula Intrest Rate Compound Interest from www.pinterest.com
Where r is in decimal form. At the end of the year we have Interest R 1 000 5 R 1 000 5 100 R 1 000 005 R 50. Simple Interest P R T 100 Amount SI P A P R T 100 P.
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Where P amount of loan. Pay the same amount of interest every year. Simple Interest SI P T R 100. You can copy this formulas in your note book and also can memorise with meImportant formula.
