Simple interest and compound interest short tricks pdf

Compound interest questions compound interest formula pdf. Simple interest simple interest tricks simple interest. Aptitude in hindi, maths small tricks work and time, cut, tricks for psc, tricks for, small puzzles with answers, tricks of, tricks of in hindi, tricks of pdf, tricks of for, tricks of for bank po exam, tricks of for, tricks of for competitive exam, small tricks, small puzzles with answers, tricks of. In easy words, it can be said as interest on interest. A sum of money invested at compound interest amounts to 800 in 2yr and 840 in 3yrs. Important short tricks to solve compound interest questions. Simple and compound interest tricks 1 governmentadda. Previous years questions asked in these exams including shortcuts and tricks to solve these questions.

This topic is very important for 2019 exam preparation. Short tricks of compound interest questions in hindi. In this article, we pick up from where we left in the previous article and cover compound interest shortcuts that you can employ in exams. Simple interest and compound interest shortcut tricks pdf download links are given at the end of the post. Few examples on simple interest and compound interest shortcuts is given in this page below. Quantitative aptitude for competitive examinations free. Compound interest shortcuts compound interestci questions can be solved in less than 20 secs using these smart and shortcut tricks on compound interest. It is money paid by borrower for using the lenders money for a specified period of time.

Interest formulas for simple and compound interests with. If the difference between simple interest and compound interest at 10% p. Shortcut tricks are very important things in competitive exam. Here in this page we give few examples on compound interest shortcut tricks. Simple interestcompound interest sici questions with. Interest is the fixed amount paid on borrowed money. Ssc cgl, ssc cpo, ssc chsl and rrb ntpc 44,045 views 50. Shortcut tricks on simple interest and compound interest are one of the most important topics in exams. In addition to the theoretical knowledge you may also get the elaboration of these questions in the video format through the links given below. Categories maths study material tags compound interest, mathprep, mathquestions, mathshortcuts, pdf, pdf download, simple interest, studymaterial, studynotes leave a comment post navigation official notice. Daily 23 hrs practice of quantitative and aptitude makes, numerical ability and accuracy high.

The interest calculated every year on original principal, i. The interest at which compound interest accumulates depends on the frequency. Download and learn this formulas pdf will help you, as the most of the questions from this topic can be directly solved from this formulas. Today i am going to share simple interest and compound interest tricks and shortcuts. Try our simple interest calculator and compound interest calculator. In every competitive exam ibps bank exams, sbi clerks, ssc, insurance exams, quantitative aptitude section is important and some questions 1 or 2 problems will be asked from simple interest and compound interest, so learn some shortcuts in solving these type of problems. Money borrowed by a borrower or the money lend by a lender is called the principal p. Simple interest and compound interest shortcut tricks pdf. When a person or bank lends money to a borrower, the borrower usually has to pay an extra amount of money to the lender. Difference between simple interest and compound interest. Apr 7, 2019 maths simple interest and compound interest shortcut tricks for ssc, upsc, banking, ibps. In this page, you will learn about compound interest maths, short tricks in english. It makes a deposit or loan grow faster as compared to simple interest. Simple interest and compound interest for all competitive exams theory.

These two sums can be related by the following formula. The extra money paid by the borrower to the lender is called the interest. Interest formulas mainly refer to the formulas of simple and compound interests. The time for which it is borrowed or lent is called time period t. Basic concepts and tricks for solving cat questions. Starting from basics to covering difficult concepts with theory and sample questions. We cover an extremely useful set of compound interest shortcuts, tips, tricks, and results. Simple and compound interest problems with solutions pdf. Simple interest simple interest tricks simple interest and. Compound interest is one of the toughest chapter which leaves candidates a bit confused and most of the aspirants leave these questions untouched. A sum of money placed at compound interest becomes x time in a years and y times in b years. In exams we dont have time to calculate on paper with formulas. Various applications and formulas based on this concept are explained here.

We use the basic formula for calculating compound interest. Tricks to find simple interest and compound interest 1 free download as pdf. Interest that is earned on both the principal and any interest that has been earned previously. A 5 p1 1 rt where a represents the amount of money in the account at the end of the time period, p is the. Simple and compound interest definitions, explanations. The interest is added to the principal at the end of each period to arrive at the new principal for the next. Aptitude shortcuts and mind tricks to find simple interest and. If the simple interest for a certain sum for 2 yr at 5%pa is 200, then what will be the compound interest for same sum for same period and the same rate of interest. Simple interest and compound interest for ssc cgl and ssc chsl. Compound interest shortcut tricks math shortcut tricks.

Simple interestcompound interest sici questions with tricks for sbi po, ibps po, niacl, nicl, dena bank po pgdbf, boi, bank of baroda and other competitive exams. If the interest is paid only on the principal for every year then it is called simple interest i. The sum of the principal and interest is called the amount. Simple interest and compound interest sakshieducation. Hi friends, in this post we are about to learn how to calculate simple interest and compound interest with some short tricks. This pdf is not related to mynotesadda and if you have any objection over this pdf, you can mail us at email protected tags. Objectives questions with tricks, method to find, to calculate, tricks pdf, tricks in hindi, tricks for cat, objectives formulas, objectives problems with solutions pdf. Exams like ibps, rrbs, rbi, ssc quantitative and aptitude will be awarded with 50 to 100 marks.

Since 1 year has 4 quarters, therefore rate of interest will become th of the rate of interest per annum, and the time period will be 4 times the time given in years. Simple interest and compound interest formulas with online. So, here in this article, you will find the basic differences between simple interest and compound. People also search related with short tricks of simple interest in hindi problems. This fixed period may be a year, six months, three months or a month and correspondingly the rate of interest is charged annually, half yearly, quarterly or monthly. We will discuss the concepts of compound interest in this article and we will also understand the approach to solve the questions based on this topic. Simple interest and compound interest shortcuts with examples. If you know time management then everything will be easier for you. So, simple interest is the sum paid for using the borowed money, for a fixed period. Simple interest i on a sum of rs p borrowed at r% p. Simple interest compound interest problems with solutions pdf download. Find the amount to be paid back on a loan of find the.

Simple interest and compound interest basic concepts and tricks. Generally, simple interest paid or received over a certain period is a fixed percentage of the principal amount that was borrowed or lent. Compound interest shortcut tricks shortcut tricks are very important things in competitive exam. Compound interest formula and examples in hindi pdf. Simple interest and compound interest shortcut tricks. Simple interest the interest calculated every year on original principal, i.

For example, say a student obtains a simpleinterest loan. When interest is calculated on the original principal for any length of time, it is called simple interest. Simple interest and compound interest shortcut tricks compound interest the difference between the amount and the money borrowed is called the compound interest for given period of time. For example, the rate of interest is 10% per annum means the interest payable on rs 100 for one year is rs 10. Aspirants can downloads quantitative aptitude pdf form below. Which is basically the simple interest upon 3000 shortcut tricks for compound interest. Simple interest and compound interest cgl maths preparation dhasu tricks ssc cgl ssc chsl 2 duration. On the other hand, whenever the interest becomes due for payment, it is added to the principal, on which interest for the succeeding period is reckoned, this is known as compound interest. Compound interest is the interest calculated on the initial principal and the accumulated interest of previous periods of a deposit or loan. For condition 1, a sum of money becomes x times in a years. Simple interest and compound interest tricks youtube. First of all let us discuss the traditional method of solving simple interest question using the formula given below. Simple interest and compound interest problems are very important in all entrance exams.