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Which of the following is correct, when a formula has its symbolic meaning(A - Amount, P - Principal, SI - simple interest)?
Question

Which of the following is correct, when a formula has its symbolic meaning

(A - Amount, P - Principal, SI - simple interest)?

A.

A = P + SI

B.

P = A + SI

C.

A + P = SI

D.

P - A = 2SI

Correct option is A

Given:

(A - Amount, P - Principal, SI - simple interest) 

Formula Used: 

Simple interest = P×R×T100\frac{P \times R \times T}{100} ​

Solution:

Combining the two formulas A= P + (P×R100×T)(P \times \frac{R}{100} \times T) 

A = P +SI

Thus, correct answer is (a) A = P + SI

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