Arithmeticeasy · Past Paper
What is the formula to calculate Simple Interest?
AI = P * T * R / 100
BI = P * T * R
CI = (P * T) / (100 * R)
DI = (P * R) / (100 * T)
✓ Correct Answer: A — I = P * T * R / 100
Simple Interest is calculated by multiplying the principal, time, and rate, then dividing by 100.
Share this question
More from Arithmetic
- Find the CI on Rs. 10000 at 10% p.a. for 3 years, compounded annually.
- If a population grows by 2% every year, what formula represents the population after T years?
- The cost price of 20 articles is the same as the selling price of 15 articles. Find the profit percentage.
- The cost price of 20 articles is the same as the selling price of x articles. If the profit is 25%, find x.
- A property depreciates by 10% of its value at the beginning of each year. If its value at the end of 3 years is Rs 729, find its original value.