QUICK REVISION : CLASS 8 : SIMPLE AND COMPOUND INTEREST

SIMPLE AND COMPOUND INTEREST WHAT IS INTEREST? Extra money paid by the borrower or the banks/post offices on the money kept with them for a certain period of time. SIMPLE INTEREST You have already studied simple interest in you previous classes. In simple interest, interest is paid only on the amount borrowed or lent… but …

QUICK REVISION : CLASS 8 : SIMPLE AND COMPOUND INTEREST Read More »