Solve the Formula for the Specified Variable $I =$ Prt $\quad$ For $P$

question 332

Multiple Choice

Solve the formula for the specified variable.
- $I =$ Prt $\quad$ for $P$

• A) \(P = \frac { I } { r t }\)
• B) \(\mathrm { P } = \frac { \mathrm { r } - \mathrm { I } } { 1 + \mathrm { t } }\)
• C) \(P = r - I t\)
• D) \(\mathrm { P } = \frac { \mathrm { r } - 1 } { \mathrm { It } }\)

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Definitions:

Calculation

The process of determining something by mathematical or logical methods.

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Profit Margin

A financial metric that represents the percentage of revenue that exceeds the cost of goods sold, indicating the profitability of a company.