Which type of interest calculation does not take into account the effect of compounding?

کس قسم کے سود کا حساب کتاب مرکب کے اثر کو مدنظر نہیں رکھتا؟
Answer: Simple interest
Explanation

Simple interest is calculated on the principal only.

It does not include compounding.

This question appeared in Past Papers (2 times)
OG iii Officer Grade III Past Papers (1 times)
ZTBL OG III Past Papers and Syllabus (1 times)

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