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what is the formula of simple interest for class 8. Simple Interest PRT100 We can also calculate the Principal amount as P 100Simple InterestRT. For the amount after 1 year A P SI.
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223 Difference between simple interest and compound interest. After one year you will have 105 and after two years you will have 110. Download the important Maths Formulas and equations PDF to solve the problems easily and score more marks in your Class 8 CBSE Board Exams.
CBSE Class 8 Maths Formulas available for Chapter wise on LearnCBSEin.
R interest rate in percentage T time duration in years. Free PDF download of Chapter 1 - Rational Numbers Formula for CBSE Class 8 Maths. Let the time for which the amount is lent T years. Simple interest is calculated only on the initial amount principal that you invested.
