SSC CGL Exam > SSC CGL Videos > Quantitative Aptitude for SSC CGL > Introduction: Basic Concept of Simple Interest and Compound Interest
Introduction: Basic Concept of Simple Interest and Compound Interest Video Lecture | Quantitative Aptitude for SSC CGL
|
314 videos|170 docs|185 tests
|
FAQs on Introduction: Basic Concept of Simple Interest and Compound Interest Video Lecture - Quantitative Aptitude for SSC CGL
| 1. What is the difference between simple interest and compound interest? |  |
Ans. Simple interest is calculated only on the initial principal amount, while compound interest is calculated on both the principal amount and the accumulated interest from previous periods.
| 2. How is simple interest calculated? | |
Ans. Simple interest is calculated using the formula: Simple Interest = (Principal amount) x (Interest rate) x (Time period).
| 3. How is compound interest calculated? | |
Ans. Compound interest is calculated using the formula: Amount = Principal amount x (1 + Interest rate/100)^(Time period).
| 4. Which type of interest is more beneficial for long-term investments? | |
Ans. Compound interest is more beneficial for long-term investments as it allows the interest to be reinvested and earn additional interest over time.
| 5. How does the frequency of compounding affect the interest earned in compound interest? | |
Ans. The frequency of compounding affects the interest earned in compound interest. Higher frequency of compounding, such as annual or quarterly, leads to higher interest earnings compared to lower frequency, such as semi-annual or biennial compounding.
Related Exams
About this Video
|
10.2K Views |
|
4.72/5 Rating |
|
Nov 22, 2024 Last updated |
Video Description: Introduction: Basic Concept of Simple Interest and Compound Interest for SSC CGL 2024 is part of Quantitative Aptitude for SSC CGL preparation.
The notes and questions for Introduction: Basic Concept of Simple Interest and Compound Interest have been prepared according to the SSC CGL exam syllabus.
Information about Introduction: Basic Concept of Simple Interest and Compound Interest covers all important topics for SSC CGL 2024 Exam.
Find important definitions, questions, notes, meanings, examples, exercises and tests below for Introduction: Basic Concept of Simple Interest and Compound Interest.
Introduction of Introduction: Basic Concept of Simple Interest and Compound Interest in English is available as part of our Quantitative Aptitude for SSC CGL for SSC CGL & Introduction: Basic Concept of Simple Interest and Compound Interest in
Hindi for Quantitative Aptitude for SSC CGL course. Download more important topics related with notes, lectures and mock test series for
SSC CGL Exam by signing up for free.
Description
Video Lecture & Questions for Introduction: Basic Concept of Simple Interest and Compound Interest Video Lecture | Quantitative Aptitude for SSC CGL - SSC CGL full syllabus preparation | Free video for SSC CGL exam to prepare for Quantitative Aptitude for SSC CGL.
Information about Introduction: Basic Concept of Simple Interest and Compound Interest
Here you can find the meaning of Introduction: Basic Concept of Simple Interest and Compound Interest defined & explained in the simplest way possible.
Besides explaining types of Introduction: Basic Concept of Simple Interest and Compound Interest theory, EduRev gives you an ample number of questions to practice Introduction: Basic Concept of Simple Interest and Compound Interest tests,
examples and also practice SSC CGL tests.
|
314 videos|170 docs|185 tests
|
|
Explore Courses for SSC CGL exam
|
|
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
Related Searches
practice quizzes
,Exam
,Previous Year Questions with Solutions
,Introduction: Basic Concept of Simple Interest and Compound Interest Video Lecture | Quantitative Aptitude for SSC CGL
,Extra Questions
,Objective type Questions
,Sample Paper
,Summary
,study material
,Introduction: Basic Concept of Simple Interest and Compound Interest Video Lecture | Quantitative Aptitude for SSC CGL
,Introduction: Basic Concept of Simple Interest and Compound Interest Video Lecture | Quantitative Aptitude for SSC CGL
,mock tests for examination
,ppt
,video lectures
,Viva Questions
,Free
,shortcuts and tricks
,Semester Notes
,MCQs
,past year papers
,Important questions
;
Study Introduction: Basic Concept of Simple Interest and Compound Interest on the App
Students of SSC CGL can study Introduction: Basic Concept of Simple Interest and Compound Interest alongwith tests & analysis from the EduRev app,
which will help them while preparing for their exam. Apart from the Introduction: Basic Concept of Simple Interest and Compound Interest,
students can also utilize the EduRev App for other study materials such as previous year question papers, syllabus, important questions, etc.
The EduRev App will make your learning easier as you can access it from anywhere you want.
The content of Introduction: Basic Concept of Simple Interest and Compound Interest is prepared as per the latest SSC CGL syllabus.
|
© EduRev
|
Education Revolution
|
Follow Us
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup