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.

Logo
Logo
അക്ബറിന്റെ നിർമ്മിതികൾ

അക്ബറിന്റെ നിർമ്മിതികൾ .


കോഡ് - ALFI യ്ക്ക് BP യുണ്ട്.

A - ആഗ്രാ കോട്ട, അഹമ്മദാബാദ് കോട്ട.
L - ലാഹോർ കോട്ട.
F - ഫത്തേപ്പൂർ സിക്രി (ചെങ്കല്ലിലെ ഇതിഹാസം).
I - ഇബാദത്ത് ഘാന (ഫത്തേപൂർ സിക്രിയിലെ ആരാധനാലയം).
B - ബുലന്ദ് ദർവാസ (ഫത്തേപൂർ സിക്രിയുടെ പ്രവേശന കവാടം).
P - പഞ്ച് മഹൽ.


 അക്ബറുടെ ശവകുടീരം സ്ഥിതിചെയ്യുന്നത് - സിക്കിന്ദ്ര (ആഗ്ര) .
 അക്ബർ ന...

Open

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.

...

Open

Trick to remember the name of G-8 Countries.

Code: ABC FIR GJ.

A : America .

B : Britain.

C : Canada.

F : France.

I : Italy.

R : Russia.

G : Germany.

J : Japan.

...

Open