Difference between Simple and Compound Interest

Last updated at July 13, 2026 by

Difference between Simple and Compound Interest - Visualised [Teachoo] - Growth and Compounding

part 2 - Difference between Simple and Compound Interest - Growth and Compounding - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II) - Class 8 (Ganita Prakash - 1, 2 & Old NCERT)
part 3 - Difference between Simple and Compound Interest - Growth and Compounding - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II) - Class 8 (Ganita Prakash - 1, 2 & Old NCERT) part 4 - Difference between Simple and Compound Interest - Growth and Compounding - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II) - Class 8 (Ganita Prakash - 1, 2 & Old NCERT) part 5 - Difference between Simple and Compound Interest - Growth and Compounding - Chapter 1 Class 8 - Fractions in Disguise (Ganita Prakash II) - Class 8 (Ganita Prakash - 1, 2 & Old NCERT)

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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

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CA Maninder Singh

CA Maninder Singh is a Chartered Accountant with 16+ years of practical experience and 20+ years of teaching experience. At Teachoo, he simplifies Accounts, Tax and GST with step-by-step examples so students can apply concepts confidently in exams and real life.

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