Installments - Simple and Compound Interest made easy !!!(CAT/ CET/ GMAT/GRE/ Bankpo /NMAT/SNAP/IPM)

[@mbagamingwala4581]

Maine itne videos dekhe lekin kisi ne nhi bataya ki mere each instalment pe mereko opposite entity same rate se interest deta hai. Mereko lgta tha sirf mai deta hu interest aur bs ho gya. Thanks a lot.

[@crackaptitudewithSarika]

Most welcome 😊

[@Hello_world344]

Glad that i found this video finally after wasting alot of time for watching other videos for this particular topic. Amazing and to the point explanation. Thankyou.

[@crackaptitudewithSarika]

Hey great...happy to help !! 😊

[@adityamor443]

Best video for Installments out here, i watched numerous videos on other channels no one comes close to clarity of concept provided.I just wish there was a full playlist for the whole quant.

[@crackaptitudewithSarika]

Hey thankyou. Trying to make the complete quant playlist !!

[@notafatso]

Thankyou so much.I thought I will never understand concept of Instalment..Your video changed everything Mam. 🙏🏻🙏🏻

[@crackaptitudewithSarika]

Hey... Great to know ❤️... Also let me know if there are other topics on which u want me to make videos

[@dishasingh9467]

Happy to be your 1000th subscriber!

[@crackaptitudewithSarika]

Hey thankyou ...means a lot ♥️♥️

[@benjaminlalboi8052]

Here a new sub for you sis....so lucky to find your channel...especially thank for using English that help me alot in understanding your explanation and lecturing... Do continue to teach in this way... Once again thank you sis❤😊🎉🥰😍

[@crackaptitudewithSarika]

Thankyou so much ! 😊

[@vo_vala_reviewer]

Thank you mam,cat hai 28 ko topic revise krna tha,sir ne mere formula se kraya tha.But the way you did it,seedha dimag m ghus gya.

[@crackaptitudewithSarika]

Thankyou.... Do share it with your friends as well!

[@bankingsensei925]

I wonder why you have so less subscribers, you have the best explanation on all of youtube on this matter

[@crackaptitudewithSarika]

Hi..Thankyou !! Well even I am trying to figure that out 😅 Also do share this channel with frnz/ family who might be preparing for competitive exams. Will be a great help 😀😀

[@bankingsensei925]

@@crackaptitudewithSarika I think you should make some popular type videos like what is this exam that exam , earning potential ,carrer , how to score 95 percentile etc etc then may be a larger pool of people will get attracted

[@crackaptitudewithSarika]

@@bankingsensei925 sure... Will work on those definitely 👍😊

[@sachinnayak5396]

I knew this concept before but I appreciate you for giving the basic concept.. but other teachers just make it complicated😵

[@crackaptitudewithSarika]

Thankyou 😊😊

[@sachinnayak5396]

Welcome :)

[@riddhishkathar8525]

Bless You! No one taught it like you did!

[@crackaptitudewithSarika]

Thankyou.... Do subscribe and share it with your friends! ❤️

[@kushaldeswal3009]

very well explained thanks!

[@crackaptitudewithSarika]

Thankyou ! 😀

[@gokup400]

Thanks. Instalments learnt without any formula....

[@crackaptitudewithSarika]

Happy to help ! 😊

[@juhivachhani6547]

Please make videos on ratio proportion and variation

[@crackaptitudewithSarika]

Sure...coming up with it very soon !

[@BankVeer]

Thanks for this amazing video mam

[@crackaptitudewithSarika]

Most welcome 😊☺️

[@DurveshKorgaonkar]

At 12:07 the answer comes out to be 402 Rs. This is the amount of money I as the borrower should give every year to the lender. But after 3 years I have repayed him 3 * 402 = 1206 Rs which is less than the total debt (1331 i.e. the amount of money I owe him). I am not able to understand how the lender will allow me to pay less than I am supposed to?

[@crackaptitudewithSarika]

Durvesh.. in that sum you are not only paying 1206Rs but you are also paying the interest on it. That is the reason we multiply x with 1.21 in the first case and x with 1.1 in the second case. So, it is 402 plus the interest. Hope this helps !!

[@maitriramwala6678]

You are doing great!! Keep it up:)

[@crackaptitudewithSarika]

Hey thankyou... Means a lot ❤️😊

[@geethanayaksm]

Ur explain very well.

[@xangailungnewmei8678]

Thks ma'am I wish I found your channel early ❤️

[@crackaptitudewithSarika]

Hehe.. I am glad you found it 😊 do share it with friends and family who might be preparing for competitive exams ! 😊

[@Sudhakar__08]

Thank u dii ❤️😇

[@crackaptitudewithSarika]

Most welcome ! 😊

[@yogeshyadav-hu8wz]

Thanks a lot for the video.

[@crackaptitudewithSarika]

Most welcome!

[@ashwinnair1779]

Thanks! Helped much!

[@crackaptitudewithSarika]

Most welcome😊

[@aanchaltulsiani2017]

Thankyou very much Ma'am ❤️

[@dskvarun2323]

Thank you very much madam 👍

[@crackaptitudewithSarika]

Most welcome 🙂

[@alwaysdreaming9502]

In question 7. 28 why is that he getting interest for the 2nd time his interest was already added in the principal???

[@sports-lover1396]

Thanks much maam

[@crackaptitudewithSarika]

You're welcome ❤️

[@sports-lover1396]

@@crackaptitudewithSarika ma'am could you pls make more videos on installments ques , like ques asked in previous years cat exam..that would be great!!

[@crackaptitudewithSarika]

Sure...coming up in a few days !!

[@draweasyawithdada782]

Mam , in the first case the value of x came as 393 but 393×3 !=(not equal) 1300. I was reading the comments where you have explained we have to add it with interest But if we are ultimately paying the same amount why not just devide 1300/3=433 & pay that? Please explain mam

[@crackaptitudewithSarika]

Hey ... see in this case alongwith the installment you have to pay the interest as well (as here installment is barely like a principal value) So when you pay the first installment the interest is charged for the remaining 2 years... then when you pay the second installment the interest is charged on the remaining 1 year... (so basically your interest keeps on reducing ) so generally banks operate on this principle .. they charge more interest initially as they have to recover the money... eventually it reduces.. However at 433.. initially they wont be getting 2 years interest.. so they don't follow that process ... Hope this helps !

[@Abhishek-ye9kq]

Mam how can we equate 424 to 1060 as,424, is equal installement + interest and 1024 is only amt without interest. Shouldnt't 424 = 1060+4%(1060)????

[@crackaptitudewithSarika]

Hey... 1060 is the total debt...which means the total amount ...and total amount is always installment + interest !! I hope this answers your query

[@hridaydas8403]

Mam, Why we don't get any interest on the last 100 even if we held it for the 3 years, thanks .

[@crackaptitudewithSarika]

@hriday .. that's cos we are already charging interest for 2years in case of the first installment.. and interest for 1 year in case of the second installment. So, in a way it is already balanced there . Hope this helps!! Apology for delayed reply !

[@gokilaselvaraj7653]

Mam plz explain the difference in finding instalments between SI and CI ?

[@crackaptitudewithSarika]

That's explained in this video

[@gokilaselvaraj7653]

@@crackaptitudewithSarikaya.. I need to know overall difference in one video.. Also u missed another method in CI... Could u plz cover that also??

[@crackaptitudewithSarika]

@@gokilaselvaraj7653 ok...I will look into it

[@gokilaselvaraj7653]

@@crackaptitudewithSarika thank u mam...

[@bhanujampula2208]

Tq so much madam🙏

[@crackaptitudewithSarika]

Most welcome :)

[@tithuipoukamei1930]

ma'am, SI part, if equal installment is rs 'x', and i am also paying the interest 'xrt/100', that means, i am not actually paying rs 'x' but rs 'x +xrt/100'. if that is the case, why do we say, equal installment, when it is not equal? installment topic is very confusing

[@lavanyamuthiahchandran6876]

Thank you so much

[@crackaptitudewithSarika]

Most welcome ! Do share and if you want us to make videos on certain specific topics...do let us know ...😊

[@pratikadhussa3832]

But shouldn’t instalment be less than the total amount payable. How can equate the amount calculated on SI and instalment?

[@crackaptitudewithSarika]

When you pay some money installments...the net amount which you pay is always more than the amount which is paid in a one shot amount ...

[@pratikadhussa3832]

@@crackaptitudewithSarika I’m talking about the case when you pay the entire amount after 3 years vs when we pay instalments during the 3 years.

[@crackaptitudewithSarika]

@@pratikadhussa3832 Hey... Installments at SI generally means - instead of paying all the money at one shot, you are paying it in parts, that's it. That in no way means you will be paying less than the total amount to be paid post 3 years. I hope it is clear now . Apology to reply late

[@mayurmadnani9981]

👍

[@swapnilnikam4830]

Thanks mam

[@onkarhande8764]

Instalments to be paid at each tenure should be same, but according to you we will be paying different amounts at each tenure...Why to add that interest of remaining year in instalment?

[@crackaptitudewithSarika]

Hey.. the installments at each tenure are the same.. if u check the part that changes is your interest value. The concept here is let's say you were going to pay the money after 4 years.. but you decide to pay it in installments starting from year 1. So you paid the first installment 3 years prior to the actual date .. so the bank will generate interest on this money. That is the interest I have taken here. So, eventually when you pay in installments, you are paying less than the money u were required to pay after 4 years. Hence, Installment + Interest = Amount Due If you still have queries, I would recommend you to watch this video - kzbin.info/www/bejne/p6KXgaNqpdppesU Hope it's clear now ! 🙂

[@onkarhande8764]

@@crackaptitudewithSarika ohh, that means the amount we will be paying each year is the 'X' and not the 'X+interest on remaining years'(But anyhow bank gets that sum). So in actual we'll be paying 'X×no. of installments (N)' which is less than the amount that we would've paid at the end of N years. Great I got it . Thanks for clarifying 🙌🏻.

[@crackaptitudewithSarika]

@@onkarhande8764 Perfecttt !!!👍

[@geethanayaksm]

Plzz make vedios in English only.. Maam.

[@crackaptitudewithSarika]

Surely