Interest, Rates & Taxes

Commercial Maths · O/L Maths

Money maths for everyday life in Sri Lanka.

sub-topics

• Simple interest
  I = PRT / 100 and its applications.
• Compound interest
  Growth of money over several years.
• Rates (property tax)
  Calculating rates from annual value and rate per rupee.
• Water and electricity bills
  Reading tariffs and computing bills.
• Shares and dividends
  Buying shares and calculating returns.
• Insurance
  Premiums, claims and cover.