Problem Based on Interest is play most important role any government or non government competitive exam.But manage time in competitive exam is very difficult task so jobsdukaan try to provide some Important Shortcut Trick Video on how to calculate Interest.
Why Need Shortcut Trick for simple interest and Compound Interest
- To understand Concept in easy way.
- Solve problems faster than other competitor.
- Keep track of the time or time saving.
- To gain high score in competitive exam
Visitor are requested to Watch Shortcut tricks Video carefully. this video will help you to understand Shortcut trick on problem basd on simple interest and Compound Interest.
What is simple Interest?
When some one take up some money from other for the personal or commercial purpose we pay some additional money to him after a certain period of time is called Interest.So we can also called this Interest as Simple Interest.
What is Compound Interest?
Compound Interest is difference between the original principal and final amount is called Compound Interest ( CI ). Compound Interest is Similar to Simple Interest shortcut tricks as we know that same for some time but some cases its different from Simple Interest, In case of Compound Interest the interest is vary according to time but the first year it is equal always that is.
1st year Interest is “Compound Interest = Simple Interest”. But after that year it is increases.Here is Compound Interest based some fact and some Compound Interest shortcut tricks videos. The problem are given in Quantitative Aptitude which is a very essential paper in competitive exam
1st year Interest is “Compound Interest = Simple Interest”. But after that year it is increases.Here is Compound Interest based some fact and some Compound Interest shortcut tricks videos. The problem are given in Quantitative Aptitude which is a very essential paper in competitive exam
What is Principal ?
When money borrow for a certain time period called Principal or Sum.What is Amount ?
The Addition of Simple Interest and Principal is called the Amount.A = S.I + P ( Principal ).
S.I = A ( Amount ) – P ( Principal ).
What is Per annual means ?
Per annual means For a year.A = Amount.
P = Principal
R = Rate of per annual
T = Number of years
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