Tips and Ticks Simple and Compound Interest Formula


Tips and Ticks 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.

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Important Maths Formulas ( പ്രധാനപ്പെട്ട ഗണിത സൂത്രവാക്യങ്ങൾ )

Important Maths Formulas .

(a ± b) 2 = a 2 ± 2ab + b 2 .


(a + b + c) 2 = a 2 + b 2 + c 2 + 2(ab + bc + ca).


(a + b + c + d) 2 = a 2 + b 2 + c 2 + d 2 + 2(ab + ac + ad + bc + bd + cd) .


Geometry formulas .

Perimeter ( ചുറ്റളവ് ) .


Perimeter of a square: P=4a.

    a: length of one side.


Perimeter of a rectangle: P=2(l+w).

    l: length.

    w: width.


Perimeter of a triangle: P=a+b+c.

    a, b, and c: lengths of the 3 sides.


Area ( വിസ്തീര്‍ണ്ണം ) .
LINE_FE...

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Handshake Problem

Suppose there are n people in the party. The first person shakes hand with the other (n-1) guests. The second guest shakes hand with the other (n-2) guests. this will continue until the (n-1) th guest shakes hand with the nth guest.

Total number of handshakes is (n-1) + (n-2).. + 3 + 2 + 1. .

= ((n-1)(n))/2 .

For example, 6 people in a party shake hand with other guests. So how many handshakes will be there?.

=((6-1)(6))/2.

=15.

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Divisibility Rule

What is the divisibility by 2 Rule?.
Even numbers are multiples of 2. A number is even if ends in 0,2,4,6, or 8.
What is the divisibility by 3 rule?.
A number is divisible by 3 if the sum of its digits is divisible by 3.
372, for instance, is divisible by 3 since sum of its digits (3+7+2) is 12. And 12 is divisible by 3.
What is the divisibility by 4 rule?.
A number is divisible by 4 if the number\'s  last two digits are divisible by 4.
9,312, for instance, is divisible by 4 since its last 2 digits are 12. And 12 is divisible by 4.
What is the divisibility by 5 rule?.
A number is divisible by 5 if its last digit is a 0 or 5.
What is the divisibility by 6 rule?.
Since 6 is a multiple of 2 and 3, the rules for divisibility by 6 are a combination of the rule for 2 and the rule for   3.
Divisibility by 8 Rule.
A number passes the test for 8 if the las...

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