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Mathematics / Comparing Quantities

Mathematics / Comparing Quantities

When money is borrowed, interest is charged on the amount borrowed for a specific period of time. This is called simple interest. The borrower has to pay back the lender the sum of the principal amount and the total interest for the specified period of time.
Simple interest is usually used for a short period.
For longer periods compound interest is calculated. In compound interest the interest is added to the principal amount after a specified time interval and then the interest is calculated on the new principal amount computed.
Learn to calculate simple interest and compound interest.     Lessons
Topics
Lessons
Topics
• Introduction to Comparing Quantities
• Finding Discounts
• Sales Tax/Value Added Tax
• Compount Interest
• Rate Compounded Annually or Half Yearly
• Applications of Compound Interest Formula
• Review of Comparing Quantities
• Percentage
• Profit and Loss
• Ratio and Proportion -- Summary

Learnhive Lesson on Ratio and Proportion

• Accessed by: 264 Students Percentage -- Summary

Learnhive Lesson on Percentage

• Accessed by: 294 Students Profit and Loss -- Summary

Learnhive Lesson on Profit and Loss

• Accessed by: 244 Students Compound Interest -- Summary

Learnhive Lesson on Compound Interest

• Accessed by: 245 Students Discount and Taxes -- Summary

Learnhive Lesson on Discount and Taxes

• Accessed by: 179 Students