For fixed time period and rate of interest, the simple interest is directly proportional to the principal.

Question

State whether the statement are true (T) or false (F).

For fixed time period and rate of interest, the simple interest is directly proportional to the principal.

Answer 1

True

For fixed time period (T) and rate of interest(R), the simple interest is directly proportional to the principal.

We know that, 

= Constant (as R and T are constants)

∴ simple interest is directly proportional to the principal.