Percentage is very important topic for aptitude subject. Direct questions are not asked from this topic but you will find use of this topic in almost all question of Data Interpretation (DI), Interest, Profit and Loss, Partnership etc. We will be discussing concept of percentage and shortcut tricks to solve these type of questions. Here is the table to convert …

## Simple Interest

Interest: It is the extra money paid by the borrower to the owner (lender) as a form of compensation for the use of the money borrowed. Simple Interest (SI): SI = PRT/100 P=(100*SI)/RT R=(100*SI)/PT T=(100*SI)/PR Where, P= Principle or sum (It is the money borrowed or lent out for a time period T) R=Rate at which interest is charged on …

## Compound Interest

Interest (I): It is the extra money paid by the borrower to the owner (lender) as a form of compensation for the use of the money borrowed Compound Interest (CI) CI = P(1+R/100)T – P A = P(1+R/100)T Where, P= Principle or sum {It is the money borrowed or lent out for a time period T} R=Rate at which …