Fractions

 Fractions Any unit can be divided into any numbers of equal parts, one or more of this parts is called fraction of that unit. e.g. one-forth (1/4), one-third (1/3), three-seventh (3/7) etc. The lower part indicates the number of equal parts into which the unit is divided, is called denominator. The upper part, which indicates the number … Read more

Calculation Of Interest On

 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

ClassificationL 1

 Analogy Level-1   CLASSIFICATION LEVEL 1 Classification involves putting things into a class or group according to particular characteristics so it’s easier to make sense of them, whether you’re organizing your shoes, your stock portfolio, or a group of invertebrates.  From all competitive examination classification is one of the most important topics, this … Read more

Mensuration (revised)

 MENSURATION Mensuration is the branch of mathematics which deals with the study of different geometrical shapes, their areas and Volume. In the broadest sense, it is all about the process of measurement. It is based on the use of algebraic equations and geometric calculations to provide measurement data regarding the width, depth and volume … Read more

Simple Interest

 MATHEMATICS AND QUATITUATIVE APTITUDE – SIMPLE INTEREST Introduction Money is not free and it costs to borrow the money. Normally, the borrower has to pay an extra amount in addition to the amount he had borrowed. i.e, to repay the loan, the borrower has to pay the sum borrowed and the interest. Lender … Read more

Time & Work

 TIME AND WORK In these problems the number of persons, quantity of work done and time taken are important factors. Also time taken by a person depends on the efficiency of that person which comes into picture when different people do the work such as women, children do the work … Read more

Banking

 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

Number System, Fractions

 Data analysis Data analysis is a primary component of data mining and Business Intelligence (BI) and is key to gaining the insight that drives business decisions. Organizations and enterprises analyze data from a multitude of sources using Big Data management solutions and customer experience management solutions that utilize data analysis to transform data … Read more