The difference between the final amount and the original principal is called - -interest nbsp-principal nbsp-rate of interest nbsp-time period nbsp-

The correct option is A interest nbsp; ...

The differenc...

Question

The difference between the final amount and the original principal is called _______ .

interest

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

rate of interest

No worries! We‘ve got your back. Try BYJU‘S free classes today!

time period

No worries! We‘ve got your back. Try BYJU‘S free classes today!

principal

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

Suggest Corrections

Similar questions

What is the difference between simple interest and compound interest on a principal amount of $10000$ ?

The difference between the final amount and the original principal is called _______ .

When the interest you get after every year is different for a given principal sum and rate of interest, it is called-

When the interest is compounded quarterly, the amount $(A)$ is calculated by:
( $P$ = Principal, $r$ = rate of interest, $n$ = time period)

Join BYJU'S Learning Program

Select...