Answers

2016-01-18T17:55:37+05:30
Simple interest= principle x time x rate divided by 100
amount= simple interest + principle
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2016-01-18T17:56:10+05:30
The formula to find simple interest is

Simple Interest(S.I)= (Principle*Time*Rate)/100

principle is the amount of money borrowed.

Total amount to be paid back =SI+ Principle
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