Short Trick to Find Compound Interest in just 10 Seconds

Duration: 12 min

This video lesson is available to enrolled students.

Return to /learn/CTET-PAPER-1/mathematics/commercial-arithmetic-6iw4eh/compound-interest-si-ci-comparison-l7m3v5/asset-short-trick-to-find-compound-interest-in-just-10-seconds after enrolling

Inside: a video lesson and guided study material.

Module outline

  1. Child Development and Pedagogy / बाल विकास एवं शिक्षाशास्त्र: Concept of Development / विकास की अवधारणा, Psychological Theories of Development / विकास के मनोवैज्ञानिक सिद्धांत, Individual Differences, Personality and Gender / व्यक्तिगत भिन्नताएँ, व्यक्तित्व एवं जेंडर, Intelligence and Creativity / बुद्धि एवं सृजनात्मकता, Learning and Its Theories / अधिगम एवं इसके सिद्धांत, How Children Think and Learn / बालक कैसे सोचते एवं सीखते हैं, Emotion, Motivation, Mental Health and Guidance / संवेग, अभिप्रेरणा, मानसिक स्वास्थ्य एवं निर्देशन, Inclusive Education / समावेशी शिक्षा, Teaching-Learning Process / शिक्षण-अधिगम प्रक्रिया, Teaching Methods and Strategies / शिक्षण विधियाँ एवं रणनीतियाँ, Assessment and Evaluation / आकलन एवं मूल्यांकन, Curriculum and School Activities / पाठ्यचर्या और विद्यालयी गतिविधियाँ, Lesson Planning and Teaching Skills / पाठ योजना और शिक्षण कौशल, Teaching Resources and Educational Technology / शिक्षण संसाधन और शैक्षिक प्रौद्योगिकी, Educational Thinkers, Aims and National Policies / शैक्षिक विचारक, उद्देश्य एवं राष्ट्रीय नीतियाँ, Classroom Management and Communication / कक्षा प्रबंधन और सम्प्रेषण, Teacher Identity and Professional Development / शिक्षक पहचान और व्यावसायिक विकास, Social Science Pedagogy / सामाजिक विज्ञान शिक्षणशास्त्र, Social and Political Life / सामाजिक एवं राजनीतिक जीवन, Science Pedagogy / विज्ञान शिक्षण शास्त्र, Life Skills, Values, Peace and Environmental Education / जीवन कौशल, मूल्य, शांति एवं पर्यावरण शिक्षा, Constitution, Commissions, Acts and Schemes in Education / संविधान, आयोग, अधिनियम एवं योजनाएँ
  2. Mathematics / गणित: Number System & Place Value / संख्या पद्धति एवं स्थानीय मान, Basic Operations, Simplification & Patterns / मूलभूत संक्रियाएँ, सरलीकरण एवं पैटर्न, Factors, Divisibility, HCF & LCM / गुणनखंड, विभाज्यता, म.स.प. एवं ल.स.प., Fractions & Decimals / भिन्न एवं दशमलव, Squares, Cubes, Exponents & Surds / वर्ग, घन, घातांक एवं करणी, Measurement: Length, Mass, Capacity, Time & Money / मापन: लंबाई, भार, धारिता, समय एवं मुद्रा, Algebra / बीजगणित, Ratio, Proportion, Average & Ages / अनुपात, समानुपात, औसत एवं आयु, Percentage, Profit–Loss & Interest / प्रतिशत, लाभ-हानि एवं ब्याज, Time & Work and Speed–Distance / समय-कार्य एवं चाल-दूरी, Lines, Angles, Shapes & Coordinates / रेखाएँ, कोण, आकृतियाँ एवं निर्देशांक, Triangles, Quadrilaterals, Circles & Trigonometry / त्रिभुज, चतुर्भुज, वृत्त एवं त्रिकोणमिति, Mensuration: Perimeter, Area & Volume / क्षेत्रमिति: परिमाप, क्षेत्रफल एवं आयतन, Data Handling, Statistics & Probability / आँकड़ा प्रबंधन, सांख्यिकी एवं प्रायिकता, Mathematics Pedagogy / गणित शिक्षणशास्त्र, Alphabet & Number Test / वर्णमाला एवं संख्या परीक्षण, Non-Verbal Reasoning / अशाब्दिक तर्क, Dice & Cubes / पासा एवं घन, Mathematical Operations & Arithmetical Reasoning / गणितीय संक्रियाएँ एवं अंकगणितीय तर्क, Ranking, Seating Arrangement & Puzzles / क्रम, बैठक व्यवस्था एवं पहेली, Calendar & Clock / कैलेंडर एवं घड़ी, Venn Diagrams & Logical Deduction / वेन आरेख एवं तार्किक निगमन
  3. Environmental Studies / पर्यावरण अध्ययन: Family, Friends and Community / परिवार, मित्र और समुदाय, Plants / पौधे, Animals / जंतु, Farming and Animal Husbandry / खेती और पशुपालन, Food and Nutrition / भोजन और पोषण, Body and Health / शरीर और स्वास्थ्य, Water / जल, Shelter / आवास, Travel, Transport and Communication / यात्रा, परिवहन और संचार, Maps, Directions and India / मानचित्र, दिशाएँ और भारत, Things We Make and Do / हम क्या बनाते और करते हैं, Earth, Sky and Disasters / पृथ्वी, आकाश और आपदाएँ, Environment, Ecology and Wildlife / पर्यावरण, पारिस्थितिकी और वन्यजीव, Natural Resources, Pollution and Climate Change / प्राकृतिक संसाधन, प्रदूषण और जलवायु परिवर्तन, Pedagogy of Environmental Studies / पर्यावरण अध्ययन का शिक्षणशास्त्र, Physical Geography / भौतिक भूगोल, Resources and Development / संसाधन एवं विकास, Force, Pressure, Work and Energy / बल, दाब, कार्य एवं ऊर्जा, Environment and Ecology / पर्यावरण एवं पारिस्थितिकी, Science & Technology / विज्ञान एवं प्रौद्योगिकी, Heat and Sound / ऊष्मा एवं ध्वनि, Light / प्रकाश, Universe and Natural Phenomena / ब्रह्मांड एवं प्राकृतिक परिघटनाएँ, Chemical Reactions, Acids, Bases and Salts / रासायनिक अभिक्रियाएँ, अम्ल, क्षार एवं लवण, Natural Vegetation, Wildlife and World Regions / प्राकृतिक वनस्पति, वन्य जीवन एवं विश्व के प्रदेश, Environment & Climate Affairs / पर्यावरण एवं जलवायु समसामयिकी
  4. Language I/II — हिंदी / Hindi: भाषा, लिपि और वर्ण-विचार, संधि, शब्द-स्रोत और शब्द-रचना, समास, शब्द-भेद: विकारी और अविकारी, लिंग, वचन, कारक, काल और वाच्य, वाक्य-विचार और शुद्ध लेखन, शब्द-भंडार, रस, छंद, अलंकार और शब्द-शक्ति, हिंदी साहित्य, अपठित बोध, हिंदी शिक्षणशास्त्र
  5. Language I/II — English: Sounds, Spelling and Word Formation, Parts of Speech, Nouns and Pronouns, Articles, Determiners and Adjectives, Verbs and Modals, Tenses and Subject–Verb Agreement, Adverbs, Prepositions and Conjunctions, Sentence Structure, Voice and Narration, Vocabulary, Sentence Correction and Writing Skills, Poetry and English Literature, Reading Comprehension, Pedagogy of English Language
  6. Language I/II — संस्कृत / Sanskrit: वर्णविचारः एवं संज्ञाप्रकरणम्, सन्धिप्रकरणम्, शब्दरूपाणि, धातुरूपाणि, कारकाणि एवं विभक्तयः, उपसर्गाः एवं अव्ययानि, प्रत्ययप्रकरणम्, समासप्रकरणम्, वाच्यप्रकरणम्, संख्याज्ञानम्, शब्दज्ञानम् एवं अनुवादः, अपठितावबोधनम्, संस्कृतसाहित्यम् एवं काव्यशास्त्रम्, संस्कृतशिक्षणशास्त्रम्
  7. Language I/II — اردو / Urdu: رسم الخط، املا اور تلفظ, ذخیرۂ الفاظ, قواعد, محاورے اور ضرب الامثال, شعر و سخن, اردو ادب کی تاریخ, تفہیمِ عبارت, اردو کی تدریس
  8. Language I/II — বাংলা / Bengali: ভাষা, ধ্বনি ও বর্ণ, সন্ধি ও বানান, শব্দের উৎস ও গঠন, সমাস, পদ পরিচয়, কারক ও বিভক্তি, ক্রিয়া ও কাল, বাক্যতত্ত্ব, শব্দার্থ ও বাগর্থ, পাঠ অনুধাবন ও সাহিত্য, নির্মিতি ও পত্রলিখন, বাংলা শিক্ষণবিদ্যা
  9. Extra Practice (beyond syllabus) / अतिरिक्त अभ्यास (पाठ्यक्रम से बाहर): Computer Hardware and Peripherals / कंप्यूटर हार्डवेयर एवं परिधीय उपकरण, International Relations & Organisations / अंतरराष्ट्रीय संबंध एवं संगठन, Indian Economy: Data & Current Affairs / भारतीय अर्थव्यवस्था: आँकड़े एवं समसामयिकी
AI summary & chapters

AI Summary

An AI-generated summary of this video lecture.

This educational video, presented by Yash Jain from Knowledge Gate, provides a comprehensive lesson on the concepts of simple and compound interest. The video begins with an introduction to the topic, using visual aids like stacks of coins and a house made of dollar bills to represent financial growth. The instructor then transitions to a whiteboard to explain the fundamental concepts. He starts with a basic example of Rs 100 at a 10% interest rate for 1 year, demonstrating that simple interest (SI) and compound interest (CI) are equal in the first year. He then extends this to 2 years, showing that CI for the second year is calculated on the new principal (Rs 110), resulting in a total CI of Rs 21, which is more than the Rs 20 simple interest. The video progresses to a 3-year example, where the CI is calculated as Rs 33.1, and the 4th year's interest is shown to be Rs 4.641, illustrating the compounding effect. The final segment presents a practical problem: calculating the compound interest on Rs 45,000 at 10% per annum for 2 years. The instructor applies the formula A = P(1 + R/100)^T, breaking down the calculation step-by-step to find the amount (Rs 54,450) and the interest (Rs 9,450). The video concludes with a 'Thank You' screen.

Chapters

  1. 0:00 – 2:00 00:00-02:00

    The video opens with a title slide featuring the text 'SIMPLE AND COMPOUND INTEREST' over an image of a rising graph and stacks of coins. The scene then transitions to the instructor, Yash Jain, who is introduced as a Knowledge Gate educator. He stands in front of a background with financial imagery, including a house made of dollar bills and stacks of coins. On-screen text identifies the topic as 'Simple Interest and Compound Interest' and the course as 'Basic To Advance'. The instructor begins his lecture, explaining the fundamental concepts of interest.

  2. 2:00 – 5:00 02:00-05:00

    The instructor moves to a whiteboard with the heading 'Basic Concepts'. He begins a worked example, writing 'Rs 100 10% 1 year' on the board. He explains that for the first year, simple interest (SI) and compound interest (CI) are the same. He writes the formula 'SI = CI' and calculates the interest as 'SI = Rs 10'. He then updates the example to '2 years', writing '1st → 10' and '2nd → 10+1 = 11', showing that the interest for the second year is calculated on the new principal of Rs 110, leading to a total CI of Rs 21. He also writes '2yrs → 2:1' to illustrate the ratio of interest for the first and second years.

  3. 5:00 – 10:00 05:00-10:00

    The instructor continues the example on the whiteboard, extending it to 3 years. He writes '3yrs → 33.1', showing the cumulative compound interest. He then calculates the interest for the 4th year, writing '4th year → 10 + 3.31 = 13.31', and notes that the interest for the 4th year is Rs 4.641. He uses the ratio '4yrs → 4:6:4:1' to demonstrate a pattern in the interest calculation. The instructor then transitions to a new problem, writing 'Q: What will be the compound interest on Rs 45000 at the rate of 10% per annum for 2 years?' on the board.

  4. 10:00 – 12:09 10:00-12:09

    The instructor solves the problem on the whiteboard. He writes the compound interest formula: 'A = P(1 + R/100)^T'. He substitutes the values: 'A = 45000(1 + 10/100)^2'. He simplifies this to 'A = 45000(11/10)^2', then to 'A = 45000 x 121/100'. He calculates the amount as 'A = 450 x 121 = 54450'. Finally, he calculates the compound interest as 'CI = A - P = 54450 - 45000 = 9450'. The video ends with a 'THANK YOU FOR WATCHING' screen.

The video provides a clear, step-by-step explanation of simple and compound interest, starting from basic principles and progressing to practical calculations. The instructor effectively uses a combination of visual aids and a whiteboard to demonstrate the key difference between the two concepts: simple interest is calculated only on the original principal, while compound interest is calculated on the accumulated amount, leading to exponential growth. The lesson is structured to build understanding incrementally, from a 1-year example to a multi-year problem, and culminates in a real-world application, making the concepts accessible and easy to apply.

Loading lesson…