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Question
Interest = `(P xx R xx T)/100`, where T is ______ R% is ______ and P is ______.
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Solution
Interest = `(P xx R xx T)/100`, where T is Time period R% is Rate of interest and P is Principal.
Explanation:
Interest = `(P xx R xx T)/100`
Where T = Time period
R% = Rate of interest
and P = Principal.
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