what is simple interest?
hello dosto koi he bat karne ko?
Share
Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Login to our social questions & Answers Engine to ask questions answer people’s questions & connect with other people.
Answer:
Simple Interest (S.I.) is the method of calculating the interest amount for a particular principal amount of money at some rate of interest. For example, when a person takes a loan of Rs. 5000, at a rate of 10 p.a. for two years, the person's interest for two years will S.I. on the borrowed money.
Step-by-step explanation:
Mark me as brain list
Verified answer
Hi frnd
thoda busy tha msg dekh nhi paya
sorry(◍•ᴗ•◍)❤. !!!!