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Chapter 7 of 19
Formula Sheet

Simple and Compound InterestFormula Sheet

CAT · Quantitative Aptitude

Free Simple and Compound Interest formula sheet for CAT Quantitative Aptitude 2026 — all important formulas, equations, and constants for quick reference.

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Formula Sheet — Simple and Compound Interest

Important formulas and equations from Simple and Compound Interest for CAT Quantitative Aptitude.

Formulas — Simple and Compound Interest

Simple Interest (SI)

SI = (P × R × T) / 100
Amount = P + SI = P(1 + RT/100)

Compound Interest (CI)

Amount = P(1 + R/100)^T
CI = P(1 + R/100)^T - P
Amount = P(1 + R/200)^2T (Half-yearly)
Amount = P(1 + R/400)^4T (Quarterly)

Difference Between SI and CI

CI - SI (2 years) = P(R/100)²
CI - SI (3 years) = P(R/100)²(3 + R/100)

Population and Depreciation

Population after T years = P(1 + R/100)^T
Value after T years = P(1 - R/100)^T

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Frequently Asked Questions

What topics are covered in Simple and Compound Interest for CAT?
Simple and Compound Interest is an important chapter in CAT Quantitative Aptitude. It covers key concepts and formulas that are frequently tested in the exam. Key topics include: Basic Concepts and Terminology, Simple Interest Applications, Compound Interest Fundamentals, Difference Between CI and SI.
How important is Simple and Compound Interest for CAT?
Simple and Compound Interest is a frequently tested chapter in CAT Quantitative Aptitude. Questions from this chapter appear regularly in previous year papers. There are 52 practice questions available for this chapter.
How to prepare Simple and Compound Interest for CAT?
Start by understanding the core concepts, then solve practice questions. Focus on formulas and their applications. Use revision notes for quick review before the exam.

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Practice questions, revision notes, formula sheet and AI doubt-solver for CAT Quantitative Aptitude.