Parallel Circuit:

Parallel circuits are those circuits that have two or more components linked across the similar voltage source that was shows in the above given Figure.  Resistors R1, R2, and R3 are in parallel along with each other and the source.  Every parallel path is a branch within its own individual current. Whenever the current leaves the source V, part I1 of IT will flow by R1; part I2 will flow by R2; and part I3 will flow through R3. Current by every branch could be different; therefore, voltage throughout the circuit will be equal.

V = V₁ = V₂ = V₃.

Figure: Parallel Circuit