CBSE /Class 8
Maths MCQ Based On Comparing quantities compound interest
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CBSE Class 8 Maths Comparing quantities compound interest
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Simple Interest
Simple interset \\( = \\frac{P*R*T}{100}\\) Where, P=principal ,R= rate of interest per annum , T= time in years
Use direct formula
Let principal be x Calcaulate SI and Ci in terms of x Then CI - SI = 1
Amount = Principal + Interest
Recall the concept of compound interest.
Use Simple interest formula to find compound interest
Use the formula to calculate for 1 year. A = \\(P ({1 + {R \\over 100}})^n\\) Now use amount as principal and work it out for 4 months . Use the formula of SI to calculate for 4 months. Now add the interest.
Depreciation means reduction or decrease.
Compound Interest
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