COMPARING QUANTITIES
Activity-1 :
Subtopic: Difference between simple interest and compound interest.
DATE:
AIM /
Objective:
To find the difference
between simple interest and compound interest
MATERIALS
REQUIRED:
Pencil, scale, eraser
PREREQUISITE
KNOWLEDGE:
Concept of Simple
interest and compound interest
PROCEDURE:
Description:
Calculate simple interest and compound interest on Rs. 100000 at 10% per
annum for 5 consecutive years and tabulate the data in the following manner.
LEARNING
ASSESSMENT:
Make a double bar graph representing SI and CI and observe the gain in
each year and long term benefits of compound interest.
|
Year |
Principal for S.I |
Principal for C.I |
SI |
CI |
|
1 |
||||
|
2 |
||||
|
3 |
||||
|
4 |
||||
|
5 |
SOLUTION:
