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Difference between Simple and Compound Interest
Last updated at February 17, 2026 by Teachoo
Class 8 (Ganita Prakash - 1, 2 & Old NCERT)
Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II)
- Percentage - Definition
- Figure it out - Page 3, 4
- Uses of Percentages
- Percentage of Some Quantity
- Finding Percentage Quickly
- Fractions, Decimals, and Percentages
- Percentages Greater than 100
- Figure it out - Page 12, 13, 14
- Comparing Proportions using Percentage
- Percentage Increase or Decrease
- Profit and Loss
- Taxes
- Figure it out - Page 19, 20
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Growth and Compounding
- Figure it out - Page 22, 23, 24
- Depreciation
- Tricky Percentages
- Finding Mistakes in Percentages
- Figure it out - Page 28, 29, 30
Transcript
Difference between Simple and Compound InterestSimple interest grows in a straight, predictable line (adding ₹10,000 every year). Compound interest curves upward exponentially because your money is working harder for you every single year. When you are saving, you want Compound Interest. When you are borrowing, you'd prefer Simple Interest! Let’s do a side-by-side comparison
