MCQOPTIONS
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| 1. |
The general formula used to calculate interest is |
| A. | principal x rate x time⁄100 |
| B. | principal x 100 x time⁄rate |
| C. | 100 x rate x time⁄principal |
| D. | principal x rate x 100⁄time |
| Answer» B. principal x 100 x time⁄rate | |