Complete the given table by calculating the simple interest for different values of the principal amount at an interest rate of 10% for 1 year. Also, draw the graph.
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Solution
First let’s complete the table by calculating the value of simple interest for all different values of principal amount.
We know that simple interest is P×R×T100.
Here we have R=10% and T=1 year.
Let’s draw the graph for the given values of principal amount and SI.