Find the compound interest on 16000 in 2 years, while rate of interest at first year is 3% and for the second year is 4%. If you want to crack any competitive exam then you have to score good marks in quantitative aptitude section. We receive interest when we let others use our money for example, by depositing money in a savings account or making a loan. Tricks problems ibps po pre, tricks problems ibps clerk pre objectives, tricks problems cet, short, mcqs with answers pdf, competitive exams free download, quiz questions with answers pdf, objective questions, in hindi, vyapam, railway, bank po clerk, net. Simple interest and compound interest shortcut tricks pdf. You can use these compound interest tips and compound interest shortcuts in competitive exams and make sure save some vital time in the examination by employing these techniques. Solving compound interest problems to solve compound interest problems, we need to take the given information at plug the information into the compound interest formula and solve for the missing variable. Here in this page we give few examples on compound interest shortcut tricks.
To make the chapter easy for you all, we are providing you all some important short tricks to solve compound interest questions which will surely make the chapter easy for you all. In most of the examination 12 questions directly come on compound interest tricks. Rakesh yadav readers publication 1,615,089 views 14. Kindly keep in mind that the purpose of this article is to provide you with useful compound interest shortcuts and tips. Jul 23, 2017 today i am going to share simple interest and compound interest tricks and shortcuts.
This topic is very important for 2019 exam preparation. Hindi short tricks on simple and compound interest for rrb. Hello friends, in this article we are going to share some most important short tricks of compound interest problems in hindi as well as english language. Rrb, 2009 the compound interest on a sum for 2 years is rs. We will discuss the concepts of compound interest in this article and we will also understand the approach to solve the questions based on this topic. If the compound interest on a certain sum for two years at 10% p. Percent is derived from a phrase in latin per centum which means per hundred. We pay interest when we use other peoples money such as when we borrow from a bank or a friend.
A sum of money lent out at simple interest amounts to rs. It is money paid by borrower for using the lenders money for a specified period of time. Quantitative aptitude tricks by ramandeep singh page 1 quantitative aptitude tricks pdf download topics. For regular updates on my videos, you can follow me at. In this lesson, questions designed on the syllabus and some questions asked in the previous year are also discussed. Simple interest and compound interest shortcut tricks. Shortcut tricks to solve compound interest problems solving ci problems using smart tricks. Proper diagrams and sketches have been made for attractive.
Daily 23 hrs practice of quantitative and aptitude makes, numerical ability and accuracy high. This post also contain some definitions, short tricks types and important questions. When the rate % is not same for every year and interest is taken on yearly basis then amount can be calculated as. Shortcut tricks on simple interest and compound interest are one of the most important topics in exams.
Shortcut tricks are very important things in competitive exam. Today i am going to share simple interest and compound interest tricks and shortcuts. Apr 11, 2017 compound interest is one of the toughest chapter which leaves candidates a bit confused and most of the aspirants leave these questions untouched. Compound interest formula and examples in hindi pdf. Compound interest formulas, shortcuts and practice problems.
Now, lets discuss the basic difference between simple interest and compound interest. First we will learn the concept and then we will move to the. Sometimes it so happens that the borrower and the lender agree to fix up a certain unit of time, say yearly or halfyearly or quarterly to settle the precious account. Few examples on simple interest and compound interest shortcuts is given in this page below. Tooltip 5if the compound interest on a certain sum. Most important simplification tricks and techniques. Then find the balance after the given number of years. The interest is added to the principal at the end of each period to arrive at the new principal for the next period. Maths short trick compound interest maths by amit sir.
So before proceeding for any exam read these short tricks and explanations carefully about simple interest questions with short tricks with the explanation. You know that aptitude section is one of the most important sections for bank, ssc and other competitive exams. Solving compound interest questions using ci formulas and shortcut tricks in less than 10 seconds. Quantitative aptitude for competitive examinations free. Compound interest part 1 mathametics video tutorial for ssc 2017 best explanation rakesh yadav sir duration. Short tricks of compound interest questions in hindi. Simple interest and compound interest tricks youtube. Compound interest is interest calculated on the initial principal and also on the accumulated interest of previous periods of a deposit or loan. This video is highly rated by ca foundation students and has been viewed 205 times. The sum of the principal and interest is called the amount. Compound interest questions in hindi for competitive exams. Categories maths study material tags compound interest, mathprep, mathquestions, mathshortcuts, pdf, pdf download, simple interest, studymaterial, studynotes leave a comment post navigation official notice.
Simple interest and compound interest concepts bankexamstoday. People also search related with short tricks of simple interest in hindi problems. Simple and compound 8 interest interest is the fee paid for borrowed money. Here we shared mathematics shortcuts in pdf for competitive exam preparations such as ssc, ibps, clerk and others. Try to solve these compound interest hindi questions with answers yourself and score well in this topic. Simple interest the interest calculated every year on original principal, i. Tricks problems ibps po pre, tricks problems ibps clerk pre objectives, tricks problems cet, short, mcqs with answers pdf, competitive exams free download, quiz questions with answers pdf, objective questions, in hindi. Finding p finding i interest rate per period aunt freda leaves thelma a legacysome deposit stock that was invested for ten years at 11% p. Simple interest and compound interest by ramandeep singh page 5 5.
Problems have been solved with simple tricks and clear explanation has been given to understand them properly. In such cases, the amount after first unit of times becomes the principal for the second unit. After a specified period, the difference between the amount and the money borrowed is called the compound interest abbreviated as c. In this article, we pick up from where we left in the previous article and cover compound interest shortcuts that you can employ in exams. Jan 08, 2018 simple interest problems with solutions, simple interest problems pdf, simple interest problems with solutions pdf, simple interest problems for class 8, simple interest problems in aptitude, simple interest problems math, simple interest problems practice, simple interest problems, hard simple interest problems, calculating simple interest. The interest calculated every year on original principal, i. Simple interest and compound interest shortcut tricks pdf download links are given at the end of the post. Oct 03, 2019 we will discuss the concepts of compound interest in this article and we will also understand the approach to solve the questions based on this topic. Apr 19, 2020 ca foundation maths calculator short tricks for tvm, annuity, compound interest, pv,fv ca foundation video edurev is made by best teachers of ca foundation. Simple interest and compound interest tricks pdf bankexamstoday. Ca foundation maths calculator short tricks for tvm. If rate of interest is r1% for first year, r2% for second year and r3% for third year, then. Write a compound interest function to model the situation. Applications of the compound interest formula quite often, three of the variables used in the compound interest formula are known and the fourth needs to be found.
In this video we are going to learn how to solve compound interest problems with short trick. The first way to calculate compound interest is to multiply each years new balance by the interest rate. Aptitude in hindi, maths small tricks work and time, cut, tricks for psc, tricks for, small puzzles with answers, tricks of, tricks of in hindi, tricks of pdf, tricks of for, tricks of for bank po exam, tricks of for, tricks of for competitive exam, small tricks, small puzzles with answers, tricks of. The method used to solve the problem will depend on what we are trying to find.
It includes examples of interest compounding annually, semiannually, monthly, quarterly, daily, and continuously. Aspirants can downloads quantitative aptitude pdf form below. If you know time management then everything will be easier for you. When interest is calculated on the original principal for any length of time, it is called simple interest. Download the ssc quantitative aptitude shortcuts and tricks pdf for free. Compound interest t time in years r interest rate per year. Simple interest and compound interest shortcuts with examples. The first is the guided notes that shows students the formula for compound interest. Simple interest and compound interest shortcut tricks compound interest the difference between the amount and the money borrowed is called the compound interest for given period of time. Here i am sharing selective compound interest questions in hindi for competitive exams. This course is based on simple and compound interest.
Simple interest with example simple interest is a fee paid by a borrower of assets to the owner as a form of compensation for the use of the assets. Jul 15, 2018 in this video we are going to learn how to solve compound interest problems with short trick. Exams like ibps, rrbs, rbi, ssc quantitative and aptitude will be awarded with 50 to 100 marks. If the simple interest for a certain sum for 2 yr at 5%pa is 200, then what will be the compound interest for same sum for same period and the same rate of interest. Find the amount to be paid back on a loan of find the. Simple interest short tricks in hindi simple interest math short tricks in hindi 1. First of all let us discuss the traditional method of solving simple interest question using the formula given below.
Compound interest how to find compound interest rate short. Interest is the fixed amount paid on borrowed money. Compound interest tricks in hindi for ibps bank po examsssc cglssc chsl. And in compound interest, the total amount would be 31.
Lets practice with these important compound interest questions and answers in hindi to make you prepared for better results in exams. Short tricks for high end problems in simple interest and compound interest. A sum of money invested at compound interest amounts to 800 in 2yr and 840 in 3yrs. Short trick method for compound interest problems published on friday, may, 2016.
Top important aptitude shortcuts combo october 12, 2017. Important short tricks to solve compound interest questions. Mar 04, 2018 sum of principal and interest and is denoted by a. Compound interest is one of the toughest chapter which leaves candidates a bit confused and most of the aspirants leave these questions untouched. Jun 24, 2018 categories maths study material tags compound interest, mathprep, mathquestions, mathshortcuts, pdf, pdf download, simple interest, studymaterial, studynotes leave a comment post navigation official notice. Maths short tricks in hindi pdf download mathematics shortcuts. The interest is added to the principal at the end of each period to arrive at the new principal for the next. We cover an extremely useful set of compound interest shortcuts, tips, tricks, and results. Compound interest formulas, tricks with examples edudose. Simple and compound interest tricks 1 governmentadda. Learn important compound interest shortcuts and tricks that you can used in.
We also cover basic topics like maths, geography, history, polity, etc and study materials including previous year question papers, current affairs, important formulas, etc. Compound interest shortcut tricks math shortcut tricks. Oct 29, 2019 shortcut tricks on simple interest and compound interest are one of the most important topics in exams. Compound interest tricks learn compound interest with.
It evolved as a concept so that there can be a uniform platform. So all the basics have been discussed before starting problems and in introduction every term has been described with proper definition to understand them well. In every competitive exam ibps bank exams, sbi clerks, ssc, insurance exams, quantitative aptitude section is important and some questions 1 or 2 problems will be asked from simple interest and compound interest, so learn some shortcuts in solving these type of problems. This pdf is not related to mynotesadda and if you have any objection over this pdf, you can mail us at email protected tags.
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