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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
    • Overhead expenses
    • 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: 190 Students

    Percentage -- Summary

    Learnhive Lesson on Percentage

    • Accessed by: 216 Students

    Profit and Loss -- Summary

    Learnhive Lesson on Profit and Loss

    • Accessed by: 182 Students

    Compound Interest -- Summary

    Learnhive Lesson on Compound Interest

    • Accessed by: 181 Students

    Discount and Taxes -- Summary

    Learnhive Lesson on Discount and Taxes

    • Accessed by: 136 Students

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