Where S.I = Simple InterestP=Principal amount (Amount invested or loan taken/Initial value)R=RateT=Time (years)You can memorize all the formula or memorize only the main one and learn how to make the rest the subjectR=(P×T)(S.I×100)S.I=45P=450T=4⇒R=450×445×100=25=2.5%NOTE: 45 goes into 450, 10 times and 10 goes into 100, 10 times and 2 goes into 10, 5 times and 4, 2 times.Then divide 5 by 2