Simple interest at a fixed rate and time changes in direct proportion with the:
- Bank name
- Branches
- Weekday
- Principal
Show answer and solution
Correct answer: D. Principal
1. Double the principal, double the interest.
2. Simple interest is directly proportional to principal.
3. Compound interest does not behave so simply.
_Source: syllabus Mathematics, Chapter 13, Direct and Inverse Proportions._