Question

how will you find the value if "p" in simple interest?

Answer 1

Interest = Principal × Rate × Time


'Interest' is the total amount of interest paid,

'Principal' is the amount lent or borrowed,

'Rate' is the percentage of the principal charged as interest each year. The rate is expressed as a decimal fraction, so percentages must be divided by 100. For example, if the rate is 15%, then use 15/100 or 0.15 in the formula.

'Time' is the time in years of the loan.
The simple interest formula is often abbreviated in this form:

I = P R T

Three other variations of this formula are used to find P, R and T:

Answer 2

do you understand?

Answer 3

yes