Formula for simple interest is. If you invest Rs50000 in a fixed deposit account for a period of 1 year at an interest rate of 8 then the simple interest earned will be. The interest rate was 45.
I P R T.
Doug made a 3 year investment. The formula for Simple Interest is Simple Interest Principal Interest In other words it can be written as A P 1 r t. Paste this link in email text or social media. I 100000 5 5.