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= P × R × T, Where, P = Principal, it is the amount that is initially borrowed from the bank or invested. R = Rate of Interest, it is at which the principal amount is given to someone for a certain time, the rate of interest can be 5%, 10%, or 13%, etc., and is to be written as r/100. What is Interest Formula? Examples cuemath.com https://.cuemath.com › interest-formula cuemath.com https://.cuemath.com › interest-formula
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