Tag: formula

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What are advantages and disadvantages of Simple Interest and Compound Interest with examples

Advantages and Disadvantages of Simple Interest and Compound Interest Both simple interest and compound interest have their unique advantages and disadvantages. Below is a detailed explanation, including examples. Simple Interest Advantages: Easy to Calculate and Understand: Simple interest is straightforward to calculate using the formula: Simple Interest=(P×R×T)/100 where P is the principal amount, R is the […]

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Compound interest – Meaning, Formula and Solved Examples

Compound interest – Meaning, Formula and Solved Examples Compound interest is a way of calculating interest where the interest earned over time is added back to the principal, so that the interest in the next period is calculated on the new total (which includes the previously earned interest). This means we earn interest on the […]

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What is Simple and Compound Interest Definition, Formula and Examples

What is Simple and Compound Interest Simple Interest Definition: Simple interest is the interest calculated on the original principal amount for a specific period at a fixed rate of interest. Formula: Simple Interest (SI) = (P × R × T)/100​ Where: P = Principal amount (the initial amount of money) R = Rate of interest per annum […]

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Profit and Loss – Basic Problems with Solutions

Basic Problems with Solutions – Profit and Loss Let’s go through some basic profit and loss problems with detailed solutions. We’ll break it down with definitions, formulas, and examples. Definitions: Profit: When the selling price of an item is higher than its cost price.Formula: Profit = Selling Price − Cost Price Loss: When the selling price of […]

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How to Find Area of a Square in Math For Kids

Area of a Square in Math For Kids Let’s make it simple and fun for kids to understand how to find the area of a square. Step-by-Step Explanation What is a Square? A square is like a piece of paper that has four equal sides. Imagine a small box that you might draw or cut […]

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Area in Math – Definition – Formula – Example – Units

Area – Definition – Formula – Example let’s dive into the concept of area in math with a comprehensive explanation, formula, examples, and units. Definition Area is the amount of space inside the boundary of a two-dimensional shape. It is measured in square units, which represent the number of squares of a given size that […]

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What is Area in Math ?

Area in Math In mathematics, the area refers to the amount of space inside the boundary of a two-dimensional shape. It’s like measuring how much surface the shape covers. Here’s a detailed explanation with some examples: Understanding Area Basic Concept: Area measures the size of a surface. It’s usually expressed in square units (e.g., square […]

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Octagon – Definition – Shapes – Types – Formula – Properties

Octagon – Definition – Shapes – Types – Formula – Properties What is an Octagon? An octagon is a geometric shape that falls within the category of polygons, specifically an eight-sided polygon. The term “octagon” is derived from the Greek words “okto,” meaning eight, and “gonia,” meaning angles. Below is a detailed exploration of octagons: […]

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Hexagon – Definition – Shapes – Types – Formula – Properties

Hexagon – Definition – Shapes – Types – Formula – Properties What is a Hexagon? A hexagon is a six-sided polygon with various properties and types. The word “hexagon” comes from the Greek words “hex,” meaning six, and “gonia,” meaning angle. Here’s a detailed breakdown: Definition A hexagon is a polygon with six edges (sides) […]

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