Simple & Compound Interest, and Population Growth Tricks and Formulas
Glide to success with Doorsteptutor material for competitive exams : get questions, notes, tests, video lectures and more- for all subjects of your exam.
Simple Interest
Compound Interest
. Then,
When interest is compounded Annually,
Amount
When interest is compounded Half-yearly:
When interest is compounded Quarterly:
When interest is compounded Annually, but the time is in fraction, say years.
Then,
When Rates are different for different years, say
Then,
Present worth of ₹ x due n years hence is given by: Present
Population Formula
Depreciation Formula
Growth
[Here, S. A. G. R. = Simple Annual Growth Rate, A. A. G. R. = Average Annual Growth Rate and C. A. G. R. = Compound Annual Growth Rate]