Click here just go through this trick and you will be going to understand simple and compound interest topic easily and can answer within 20 seconds. Quickest way to solve compound interest problems for banking. The above examples are just few types based on compound interest, there could be numerous others complex and difficult questions that could come in the cat exam. The ultimate course on simple interest and compound interest. I, ii and iii along with ibps rrb office assistant, ibps po, etc. Quadratic equation shortcut tricks for bank exams speed maths tricks. The sum lent is called the principal the sum of the principal and. Compound interest shortcut methods and concept in quantitative aptitude which can be useful for competitive exams like bank po, ssc, ibps, cat, csat, cmat etc. Jun 06, 2017 simple and compound interest formulas are very important as every year significant number of questions are asked in the ibps po banking exam every year. Simple interest and compound interest shortcut tricks pdf. The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half yearly is.
Aptitude shortcuts, speed maths, math shortcuts, math. Quantitative aptitude tricks by ramandeep singh page 1 quantitative aptitude tricks pdf download topics. Tagscompound interest compound interest questions and answers pdf compound interest shortcut formulas compound interest shortcut methods compound interest tricks for ssc difference between simple interest and. 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. For more pdfs like these, mention the topics in the comments section below. Welcome to the lets study together online free pdf section. Bank c keeps your money at compound interest and offers you 5% interest. Using the shortcuts given in this section, you can solve any word problem on profit and loss easily.
Download and learn this formulas pdf will help you, as the most of the questions from this topic can be directly solved from this formulas. Simple and compound interest formulas are very important as every year significant number of questions are asked in the ibps po banking exam every year. Simple interest topic plays an important role in ssc cgl examination and around two to three questions are frequently asked which generally range from being moderate to difficult. Tricks to solve compound interest fast in bank exams pdf. It makes a deposit or loan grow faster as compared to simple interest. Shortcut tricks to solve compound interest problems solving ci problems using smart tricks. To help in your preparation we are providing you some useful formulas and shortcut methods so that you can. A future value p principal amount initial investment. The pdf covers simple yet fruitful tricks to solve compound interest as fast as possible in the ibps, sbi exams. Jul 09, 2017 this one video will teach you to do any sum of compound interest in less than 10 seconds without using any formula. Compound interest shortcuts compound interestci questions can be solved in less than 20 secs using these smart and shortcut tricks on compound interest. Compound interest is the interest calculated on the initial principal and the accumulated interest of previous periods of a deposit or loan. A sum of money becomes double itself in 5 years at compound interest.
Aptitude shortcuts, speed maths, math shortcuts, math tricks. Jul 23, 2017 the difference between the compound and simple interest for 3 years will be. Aug 30, 2017 10 important compound interest tricks, what will be the compound interest on rs. It is money paid by borrower for using the lenders money for a specified period of time. Compound interest question pdf for ssc, railway exam. Bank exam tips aptitude tricks and data interpretation.
In this video we discussed inequality questions that are mostly asked in bank po exam. In how many years will it become 8 times of itself. In this website we provide few shortcut methods on simple interest and compound interest shortcut tricks. We cover an extremely useful set of compound interest shortcuts, tips, tricks, and results. Profit and loss shortcuts tricks pdf onlinemath4all. The papers for banking and ssc exams may focus on the one or the other concept related to banking and commerce. Exam tyaari brings you the 101 shortcuts in quantitative aptitude english complete book with pdf download available. Speed maths, math shortcuts, math tricks, for cat ssc bank exams. Compound interest question with solution free pdf compound interest ci question asked in previous year exam. Simple interest and compound interest problems and solutions pdf. Many banking exams include questions based on compound interest, which can be a little tricky and timeconsuming. If a sum of money becomes n1 times itself at compound interest in t1 years then after t2 sum will be. In this video we are going to learn how to solve compound interest.
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. This one video will teach you to do any sum of compound interest in less than 10 seconds without using any formula. Candidates from over all india can apply for the exam. Compound interest aptitude questions compound interest is the difference between the original principal and final amount.
Kindly keep in mind that the purpose of this article is to provide you with useful compound interest shortcuts and tips. Simple interest and compound interest basic concepts and. Here we are sharing the full notes of compound and simple interest along with the practice questions with full detailed solutions to grab you the. Compound interest is very significant topic in todays world. Compound interest shortcut tricks shortcut tricks are very important things in competitive exam. Simple and compound interests questions and answers, formulas,shortcut tricks,test download pdf unknown at 5. So the competitive level is goes on high every year. Rrb, 2009 the compound interest on a sum for 2 years is rs. However, it is sometimes seen that candidates experience. In easy words, it can be said as interest on interest. Today i am sharing a pdf which contains tricks and shortcuts to solve one of the aptitude maths topic simple and compound interest. The sum lent is called the principal the sum of the principal and interest is called the amount. Simple interest and compound interest problems and.
Simple interest and compound interest shortcut tricks pdf download links are given at the end of the post. Jun 24, 2018 simple and compound interest questions are merged with percentage concepts in exams so to solve simple and compound interest questions, knowledge of percentage concepts are extremely important. In exam you could also find problems that involve both simple and compound interest. This pdf is provided to make you the master of the topic. Today i am sharing a pdf which contains tricks and shortcuts to solve maths. If you know time management then everything will be easier for you. Compound interest questions is an an essential part for competitive exams like banking, insurance, ssc and railways exams. In each of the following results, we use the following denotations. The difference between simple interest and compound interest on a sum for 2 years at 8% when the interest is compounded annually is rs. Simple and compound interests is an important topic for. May 23, 2018 as soon as you learn compound interest short tricks, you will be able to solve questions in just 5 sec.
If the compound interest on a certain sum for two years at 10% p. Ibps holds multiple bank recruitment exams throughout the year to fill various posts. Quadratic equation shortcut tricks for bank exams speed. Simple and compound interest tricks 1 governmentadda. Quadratic equation shortcut tricks for bank exams speed maths tricks learning quadratic equation shortcut tricks for bank exams is important for those who are preparing for ibps bank exams, sbi exams, ssc, railways, insurance, etc. There are many competitive exams have come in recent years. The sum of the principal and interest is called the amount.
Within this section, questions on simple interest and compound interest are a regular feature in the exam. Hindi tricks for simple and compound interest problems. Compound interest tricks explained with the help of compound interest examples. The difference between the compound and simple interest for 3 years will be. Quantitative aptitude questions simple interest and compound interest for sbi clerk 2018 day february 12, 2018 quantitative aptitude questions compound interest day5. Important quantitative aptitude tricks in 12 pages here. Under compound interest, the amount at the end of the first year will become principal for the second year. Simple interest and compound interest tricks pdf bankexamstoday. Compound interest is similar to the simple interest shortcut tricks.
Simple and compound interests questions and answers. Trigonometry not for bank exams geometry not for bank exams data interpretation. Problems in this topic needs more focus on percentage. Simple interest question and answers with easy solutions in aptitude topic are present here. 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. 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. Now, lets discuss the basic difference between simple interest and compound interest. Simple interest and compound interest shortcut tricks. This is very important to learn and practice shortcuts of quant as most of the questions asked in quant are tricky and can be solved within seconds using these tricks with high accuracy and speed. Important formulas and short cuts on simple interest. In exams we dont have time to calculate on paper with formulas. Square tricks math shortcut tricks for ssc, banking, sbi, ibps all competitive exams, banking ibps shortcut math tricks, sbi po tricks maths. You can learn the shortcuts methods and formulas to solve questions based on compound. In this course, the concept of simple interest and compound interest has been explained in detail.
It focuses on the concepts like simple interest, compound interest, difference between simple interest and compound interest etc. As we know that same for some time but some cases its different from simple interest. To help in your preparation we are providing you some useful formulas and shortcut methods so that you can quickly solve the questions in minimum amount of time. This course on simple interest and compound interest will cover all the theory and sample problems needed to master simple and compound interest for banking exams like ibps po, sbi po, ibps clerk, sbi clerk etc. Shortcut tricks related to different questions have been given preference. Simple and compound interests questions and answers, formulas. Simple interest and compound interest tricks youtube. Simple and compound interest questions are merged with percentage concepts in exams so to solve simple and compound interest questions, knowledge of percentage concepts are extremely important.
Heres a pdf file which contains tips and tricks especially for ssc cgl 2016 and bank po exams,railways and other govt exams. As soon as you learn compound interest short tricks, you will be able to solve questions in just 5 sec. Simple interest and compound interest archives ibps guide. Solve compound interest questions in 5 seconds for all.
Compound interest shortcuts compound interest ci questions can be solved in less than 20 secs using these smart and shortcut tricks on compound interest. In some cases, of the compound interest, the interest varies. Simple interest problems and solutions for bank exams. Quantitative aptitudesimple and compound interest key. Compound interest affairscloud for competitive exams. First of all let us discuss the traditional method of solving simple interest question using the formula given below. At the end of two years he reinvests the principal amount plus interest earned in another scheme which earns him compound interest at the rate of 20p. There are understandable, simple solutions useful for rrb alp, group d and bank jobs. 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. Compound interest tricksformulaproblems tricks and shortcuts. Compound interest tricks learn compound interest with. Interest it is money paid by borrower for using the lenders money for a specified period of time. It is in these exams where you need to solve questions in the quickest possible time that you need need to employ these compound interest tricks. Download and learn this formulas pdf will help you, as the most of the questions from.
Compound interest shortcut tricks math shortcut tricks. Interest is the fixed amount paid on borrowed money. In this post we are about to learn how to calculate simple interest and compound interest with some short tricks. Now, here are some shortcut tricks for simple interest s. Download free ebooks for bank exams by ramandeep singh.
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