#everydayquiz #importantTrick #SimpleInterest and compound interest
Simple and Compound Interest
[y-1/x-1 ]*time
[6-⅓-1 ] *5
5*5/2
12.5 years
[Log y/log x]*t
[log9/log 3]*3
[Log 3^2/log 3]*3
[2Log3/log3]*3
Log 3 log 3 cancel..
So 2*3=6 years
Now new topic
After getting ratio just look at options and find multiple of 23
Answer will be multiple of 23 and 24 so you can search with 24 for easy calculation..
C will only divisible
44 increase
20% 2 yr ci =20+20+4=44
for 3 yrs =10.25+5+5*10.25/100 = 15.25+0.5125=15.7625
so 0.7625 % = 244
so 100% = 244*100/0.7625 = 32K
12.5+12.5+12.5*12.5/100 = 26.5625%
Given 26.5625%= 510
so 25% = 480
Here you can apply direct trick also,,
For two years there is formula
r*2.r^2
2*10.10^2
20.100 after point there must be 2 zeros
So
1.00
20.
21.00
Now 1800*21/100=378
So b is ryt
And other trick is
5% for two year ci will be
5*2.5^2
10.25 now if we multiply 3200*10.25/100 = 328
10+¼ 3200 320 320*¼ =8 328
Another trick
20:21
400:441
So difference 41 units is 328 so sum 400 units 32000
Si for one year=10%
C.i. 10*2.10^2=21
Difference: 21-10=11
11%=132
100%=1200
first yr = 10%
second yr =11%
so 11% = 132
SO 100%= 132*100/11 = 1200
10:11
100:121
For second year interest will be 21-11 units so that is 132
1 unit is 12 so 100 units 1200
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