Simple and Compound Interest Formula
Simple and Compound Interest Formula
P - Principal, the sum of money lent or borrowed.
R - Rate of interest: Annual interest, often expressed as a percentage.
T - Time period for which the money is lent or borrowed.
Simple Interest = Principal * Time * Rate of interest / 100
SI = P * T * R
For example, Principal is 4000, Rate of Interest is 8% and Time period is 4 years
SI = 4000× 8% × 4 = 4000× 0.08 × 4
= 1280.
In compound interest, the principal amount with interest after the first time period becomes the part of principal for the next time period.
CI = [P (1 + R/100)^T] – P
Total amount = [P (1 + R/100)^T]
If time period is half-yearly,
Amount = P[1 + (R/2)/100]^2T
If time period is quarterly,
Amount = P[1 + (R/4)/100]^4T
For example, Principal is 7500, Rate of Interest is 4% (compounded annually) and Time period is 2 years
Total Amount = [7500×(1+4/100)^2] = 8112.
CI = (8112 - 7500) = 612.
These are the different type of questions asked from this topic.
Type 1: Find the time when the angle between the two hands are given.
Type 2: Find the angle between the 2 hands when the time is given.
Type 3: Find the time, when clocks gaining/losing time.
Type 4: Find the time in the mirror image.
ക്ലോകിലെ ഓരോ അക്കങ്ങൾക്കിടയിലെ കോണളവ്= 30°.
മിനിറ്റ് സൂചി ഓരോ മിനുറ്റിലും 6° ചുറ്റും.
മണിക്കൂർ സൂചി ഒരു മിനുറ്റിൽ ½°ചുറ്റും.
ഒരുദിവസം Hour, Minute സൂചികൾ 22 തവണ ഒന്നിന് മീതെ ഒന്നായി വരും.
ക്ലോകിലെ സൂ...
N = the number of terms .
S = the sum of the numbers in the set.
Average = S/N .
For example.
The marks of a student in five subjects are 96, 94, 92, 87, and 81, then what is the average score of the student?.
N = 5.
S = 96 + 94 + 92 + 87 + 81 = 450.
A = 450/5 = 90.
Another type questions .
1). There are 36 boys and 44 girls in a class. The average score of boys is 40 and girls are 35. Then what will be the average mark? .
Total mark of 36 boys = 36 x 40 = 1440.
Total mark of 44 girls = 35 x 44 = 1540.
Total mark of 80 Students = 1440 + 1540 = 2980 .
Average mark of the class = (2980 / 80).
...
Code: MBBS PAIN.
M: Malideep.
B: Bhutan.
B: Bengladesh.
S: Srilanka.
P: Pakistan.
A: Afganistan.
I: India.
N: Nepal.
...
