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  1. Exams
  2. Banking PO
  3. Quantitative Aptitude
  4. Simple Interest & Compound Interest & Surds & Indices
Hard3 marks

Simple Interest & Compound Interest & Surds & Indices

Time value of money and power rules.

4 Topics
15h prep
8.5% subject weight
4 Topics
1

Simple interest

Interest on principal only.

1m 20 PYQs1/10
📌 Key FormulaSI = (P * R * T) / 100
2

Compound interest

Interest on principal and accumulated interest.

2m 30 PYQs4/10
📌 Key FormulaA = P(1 + r/n)^(nt)
3

Surds

Irrational square roots.

1m 15 PYQs3/10
📌 Key Formula√a * √b = √(ab)
4

Indices

Power laws and exponents.

1m 18 PYQs2/10
📌 Key Formulaa^m * a^n = a^(m+n)