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Multiple Choice Question

What does 'P' represent in the simple interest formula?

  • A
    Rate of interest
  • B
    Time period
  • C
    Principal amount
  • D
    Final amount
Explanation:
'P' stands for the principal amount in the simple interest formula

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This question belongs to the set "Mathematics Practice Quiz on Simple and Compound Interest". Click below to read detailed notes and attempt the full quiz.

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