Simple Interest: Tips, Tricks & Results Exercise-1
Question 1: How much a person should pay per year to payment the debt of Rs 4180 due in 4 years at the rate of 3% per annum? (a) 1400 (b) 1000 (c) 1300 (d) 1500 Answers and Explanations Question 2: The sum of interest on a sum of money is 1/36 of the principal, and... Simple Interest: Basic Concepts Exercise
Example 1: A sum of money at simple interest amounts to Rs. 850 in 3 years and to Rs. 900 in 4years. The sum is: (a) Rs. 650 (b) Rs. 690 (c) Rs. 725 (d) Rs. 700 Answers and Explanations Answer : (d) S.I. for 1 year = 900 – 850 = Rs 50 S.I. for 3 years = 50 x 3 =...
Simple Interest: The Complete Lesson
Welcome to this lesson on Simple Interest. Simple Interest is one of the fundamental units important parts of Arithmetic. Simple Interest has significant real-world applications and by learning by this topic, you strengthen your calculation skills. Also, Simple...
Simple Interest: Tips, Tricks & Results-2
Tips, Tricks& Results for Simple Interest-2 The purpose of this article is to provide you with some useful tips and tricks that you can use for Simple Interest questions. Various applications and formulas based on this concept are explained here. Simple Interest... Simple Interest: Tips, Tricks & Results-1
Tips, Tricks & Results for Simple Interest-1 The purpose of this article is to provide you with some useful tips and tricks that you can use for Simple Interest questions. Various applications and formulas based on this concept are explained here. Simple Interest...
