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Classification based on Series Alphabet classification In this type of classification, letters of the alphabet are classified in a group using a particular method or rule. Words classification In this type of classification, different objects are classified on the basis of common features and properties. Miscellaneous classification In this type…

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Discount Present Value: The money to be paid before the due date to clear off debt is called present worth. True Discount: The difference between the amount due and the present value or worth of the amount is called the true discount. In other words, it is an interest in the…

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## Simple and Compound Interest – Practice Questions, Shortcuts, Important Formulas

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