MATHS TRICK 7:- COMPOUND INTEREST WITH SOLUTION AND SHORTCUT

Here we are sharing the full notes of compound along with the practice questions with full detailed solutions to grab you the concept well. Important for SSC CGL/CHSL, IBPS, SBI, CDS and Other Bank Exams.


       Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is then earned on the principal sum plus previously-accumulated interest.

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