MCQ
The simple interest $(SI)$ is calculated as.
  • A
    $\text{SI}=\big(\text{P}\times\text{R}\times\text{T}\big)\times10$
  • B
    $\text{SI}=\frac{\big(\text{P}\times\text{R}\times\text{T}\big)}{10}$
  • $\text{SI}=\frac{\big(\text{P}\times\text{R}\times\text{T}\big)}{100}$
  • D
    $\text{SI}=\big(\text{P}\times\text{R}\times\text{T}\big)\times100$

Answer

Correct option: C.
$\text{SI}=\frac{\big(\text{P}\times\text{R}\times\text{T}\big)}{100}$
The simple interest $(SI)$ is calculated as
$\text{SI}=\big(\text{P}\times\text{R}\times\text{T}\big)\times100$
where $P$ is principal, $R$ is the rate of interest and $T$ is the time.

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