Mathematics · Simple Interest
Rohan borrows Rs. P from a bank at R% simple interest per annum for T years. What formula can be used to calculate the total amount he needs to repay?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1P×R×T
- 2P + (P×R)/T
- 3P - (P×R×T)/100
- 4P + (P×R×T)/100✓
Correct answer
P + (P×R×T)/100
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