Simple Interest is a quick and easy method of calculating the interest charge on a loan taken by any means. Simple Interest is determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.
Simple Interest = P × I × N
Where, P=principle
I=daily interest rate
N=number of days between payments
Simple Interest is one most important topic for bank exams, 1 to 2 questions have been seen in Bank PO Prelims exams. Here at Smartkeeda you will get Simple Interest PDF with Tricks to Solve Fast. Solving a Simple Interest is based on practice, as much you will practice different types of questions that much will be familiar to Simple Interest problems. Therefore, if you want to be master of Simple Interest Questions you must download this PDF with 50 problems.
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Simple Interest PDF for SBI Clerk Mains, IBPS Clerk Mains, CET, LIC AAO, SBI PO Pre and IBPS PO Pre and IBPS RRB Officer Scale 1 Etc.
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Simple Interest PDF for Bank PO 2024, you will get different types of based Simple Interest Questions in the form of Quiz.