Simple interest:- Two types of interest in the general life . Simple interest. Compound interest. In this class we learn about simple interest(S.I) P=Principal R=rate of Interest T=Time S.I=PRT 100 Amount=P+S.I Important:- (i) In simple interest time always in years. (ii) If time in months we divide 12 to convert in year. 6months=6 = 1 years
Simple interest:- Two types of interest in the general life . Simple interest. Compound interest. In this class we learn about simple interest(S.I) P=Principal R=rate of Interest T=Time S.I=PRT 100 Amount=P+S.I Important:- (i) In simple interest time always in years. (ii) If time in months we divide 12 to convert in year. 6months=6 = 1 years
Class%20VI%20Maths%20Notes.docx