Simple interst formula/simple interest #math #education #mathforkids #learning #simpleinterest

Simple Interest Formula | Simple Interest Calculation

SI=\frac{P\times R\times T}{100}

Where:

SI = Simple Interest

P = Principal (Original Amount)

R = Rate of Interest (% per year)

T = Time (in years)
Amount Formula:

A=P+SI

Example:

Principal = ₹1000

Rate = 5% per year

Time = 2 years
SI = (1000 × 5 × 2) ÷ 100 = ₹100

Amount = ₹1000 + ₹100 = ₹1100

YouTube Description:

Learn the Simple Interest formula with easy examples. This video explains how to calculate Simple Interest (SI), Principal, Rate, Time, and Amount in a simple way. Perfect for students, competitive exams, and basic mathematics learning.

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