Question

What is the formula for "Simple Interest"?

Answer 1

Isn't it I=prt

Answer 2

\[Interest = Principle \times rate \times time\]

Answer 3

\(\bbox[10pt, black , border:2pt solid red]{\bf \color{white}{SI = P~ X~ R~ X~ T ~~or~~ SI= A-P}}\)
SI= Simple interest
P= principal
R= Rate
T = Time

Answer 4

A= amount

Answer 5

I=P*R*T
It is
Interest=Principal*Rate*Time