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Application of Simple Interest in Real Life Situations

Which among t...

Question

Which among them is the formula for simple interest ?

A

( P x R ) / (T x 100)

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B

( P x R x T ) / 100

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C

Both are correct

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D

None of the above

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Solution

The correct option is B ( P x R x T ) / 100
( P x R x T ) / 100 = formula for Simple interest

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Application of Simple Interest in Real Life Situations

Standard VII Mathematics

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