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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 107 · 40 questions
TalentJR

The method (Year by year): Year 1: add R% of P. Year 2: add R% of the new amount. Carry on for each year. Amount = P × (100 + R)ⁿ ÷ 100ⁿ; compound interest = amount − P. For 2 years, CI − SI = P × R × R ÷ 10000.

NameDateTime takenScore ___ / 40
  1. 1.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  2. 2.Find the amount when ₹24875 is invested at 20% per year compound interest for 3 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹800 at 25% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹30000 at 12% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  7. 7.Find the amount when ₹17000 is invested at 10% per year compound interest for 3 years (in ₹).
  8. 8.Find the amount when ₹13125 is invested at 8% per year compound interest for 2 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹41000 at 10% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹38400 is invested at 5% per year compound interest for 2 years (in ₹).
  13. 13.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹34000 at 20% per year for 3 years, added every year (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹15000 at 10% per year for 2 years (in ₹)?
  16. 16.Find the compound interest on ₹19968 at 25% per year for 3 years, added every year (in ₹).
  17. 17.Find the amount when ₹41536 is invested at 25% per year compound interest for 2 years (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹48400 at 10% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  20. 20.Find the amount when ₹30250 is invested at 20% per year compound interest for 2 years (in ₹).
  21. 21.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  22. 22.Find the amount when ₹23100 is invested at 10% per year compound interest for 2 years (in ₹).
  23. 23.Find the compound interest on ₹45625 at 12% per year for 2 years, added every year (in ₹).
  24. 24.Find the amount when ₹26250 is invested at 4% per year compound interest for 2 years (in ₹).
  25. 25.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  26. 26.Find the compound interest on ₹1200 at 25% per year for 2 years, added every year (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹27200 at 20% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹18000 at 20% per year for 3 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹46250 at 4% per year for 2 years, added every year (in ₹).
  30. 30.Find the amount when ₹30000 is invested at 8% per year compound interest for 2 years (in ₹).
  31. 31.Find the amount when ₹18750 is invested at 4% per year compound interest for 2 years (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹29100 at 20% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  34. 34.Find the amount when ₹14375 is invested at 12% per year compound interest for 2 years (in ₹).
  35. 35.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  36. 36.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹10400 at 25% per year for 2 years (in ₹)?
  38. 38.Find the amount when ₹15600 is invested at 15% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹30800 is invested at 15% per year compound interest for 2 years (in ₹).
  40. 40.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).

Answer key

  1. 1951
  2. 42984
  3. 50
  4. 27783
  5. 432
  6. 3783
  7. 22627
  8. 15309
  9. 12
  10. 410
  11. 160
  12. 42336
  13. 20835
  14. 24752
  15. 150
  16. 19032
  17. 64900
  18. 484
  19. 18522
  20. 43560
  21. 17576
  22. 27951
  23. 11607
  24. 28392
  25. 6327
  26. 675
  27. 1088
  28. 13104
  29. 3774
  30. 34992
  31. 20280
  32. 1164
  33. 9261
  34. 18032
  35. 8116
  36. 4167
  37. 650
  38. 20631
  39. 40733
  40. 24334

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