Mathematics and Stastics

 calculation of interest on/in savings account, fixed deposit account and recurring deposit account Saving account Interest rate calculation Formula  Daily interest = Amount (Daily balance) * Interest (3.5/100) / days in the year. Earlier method of interest rate calculation   Earlier, banks would pay interest at the rate of 3.5% p.a. on the … Read more

 Simplification Simplification is one of the most important part of Quantitative Aptitude section of any competitive exam. Today I am sharing all the techniques to solve Simplification questions quickly. Rules of Simplification V → Vinculum B → Remove Brackets – in the order ( ) , { }, [ ]  O → Of D → Division M … Read more

 Pie-chart A pie graph (or pie chart) is a specialized graph used in statistics. The independent variable is plotted around a circle in either a clockwise direction or a counterclockwise direction.The dependent variable (usually a percentage) is rendered as an arc whose measure is proportional to the magnitude of the quantity.Each arc is … Read more

 Discount   The discount is referred to the reduction in the price of some commodity or service. It may anywhere appear in the distribution channel in the form of modifications in marked price (printed on the item) or in retail price (set by retailer usually by pasting a sticker on the item) or in list price (quoted for the buyer). The discount … Read more

 Analogy Level-1 ANALOGY LEVEL 1 When you draw an analogy between two things we compare them for the purpose of explanation. If a scientist says that earth’s forest functions as human lungs then we instantly draw an explanation that both lungs and trees intake important elements from air. As far as SSC … Read more

 Number system 1. Basic Formulae  (a + b)(a – b) = (a2 – b2) (a + b)2 = (a2 + b2 + 2ab) (a – b)2 = (a2 + b2 – 2ab) (a + b + c)2 = a2 + b2 + c2 + 2(ab + bc + ca) (a3 + b3) = (a + b)(a2 – ab + b2) (a3 – b3) = (a – b)(a2 + ab + b2) (a3 + b3 + c3 – 3abc) = (a + b + c)(a2 + b2 + c2 – ab – bc – ac) When a + b + c = 0, then a3 + b3 + c3 = 3abc   2. Types of Numbers I. Natural Numbers Counting numbers 1,2,3,4,5,…1,2,3,4,5,… are called natural numbers   … Read more

 Commercial mathematics Banking Banking can be defined literarily as the business activity of accepting and safeguarding money owned by individuals and entities and release of the money whenever the needs arise by the owner. It is the business of managing money and where money is involved everything must be carefully assessed, valued and … Read more

 Median Median is the middle number in a sorted list of numbers. To determine the median value in a sequence of numbers, the numbers must first be arranged in value order from lowest to highest. If there is an odd amount of numbers, the median value is the number that is in the … Read more

 Addition and subtraction in vedic maths Vedic maths Addition Usually if we want to add to numbers say 52 and 66 we would add the unit digits. and if there is any remainder we will bring it to the tens digit and atlast we will add the tens digit. Now we will do … Read more

 Time and distance Relationship between speed, distance and time Speed = Distance / Time or Distance = Speed × Time Average Speed = 2xy / x+y where x km/hr is a speed for certain distance and y km/hr is a speed at for same distance covered. As we know, Speed = Distance/ Time. … Read more