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Simple and Compound Interest — Formula Sheet

CMAT · Quantitative Techniques & Data Interpretation

Free Simple and Compound Interest formula sheet for CMAT Quantitative Techniques & Data Interpretation 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 CMAT Quantitative Techniques & Data Interpretation.

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 CMAT?
Simple and Compound Interest is an important chapter in CMAT Quantitative Techniques & Data Interpretation. 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 CMAT?
Simple and Compound Interest is a frequently tested chapter in CMAT Quantitative Techniques & Data Interpretation. 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 CMAT?
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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