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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 141 · 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.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹34375 at 12% per year for 2 years, added every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹32500 at 8% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹41250 is invested at 4% per year compound interest for 2 years (in ₹).
  7. 7.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  8. 8.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  9. 9.Find the compound interest on ₹34544 at 25% per year for 2 years, added every year (in ₹).
  10. 10.Find the compound interest on ₹33125 at 20% per year for 3 years, added every year (in ₹).
  11. 11.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  12. 12.Find the compound interest on ₹33975 at 20% per year for 2 years, added every year (in ₹).
  13. 13.Find the compound interest on ₹31920 at 25% per year for 2 years, added every year (in ₹).
  14. 14.Find the amount when ₹27500 is invested at 10% per year compound interest for 2 years (in ₹).
  15. 15.Find the compound interest on ₹31000 at 10% per year for 3 years, added every year (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹8300 at 20% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹800 at 15% per year for 2 years (in ₹)?
  19. 19.What is the difference between the compound interest and the simple interest on ₹9600 at 5% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹27300 is invested at 20% per year compound interest for 2 years (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹14800 at 20% per year for 2 years (in ₹)?
  22. 22.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
  24. 24.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  25. 25.Find the compound interest on ₹19375 at 4% per year for 2 years, added every year (in ₹).
  26. 26.Find the compound interest on ₹15200 at 5% per year for 2 years, added every year (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹6900 at 10% per year for 2 years (in ₹)?
  28. 28.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹3750 at 12% per year for 2 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹8400 at 15% per year for 2 years, added every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹17000 at 20% per year for 2 years (in ₹)?
  35. 35.Find the amount when ₹46400 is invested at 15% per year compound interest for 2 years (in ₹).
  36. 36.Find the amount when ₹13375 is invested at 20% per year compound interest for 3 years (in ₹).
  37. 37.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  38. 38.Find the amount when ₹38125 is invested at 8% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹1400 is invested at 20% per year compound interest for 2 years (in ₹).
  40. 40.Find the compound interest on ₹5625 at 4% per year for 2 years, added every year (in ₹).

Answer key

  1. 16
  2. 8745
  3. 32
  4. 17576
  5. 208
  6. 44616
  7. 35152
  8. 21952
  9. 19431
  10. 24115
  11. 6327
  12. 14949
  13. 17955
  14. 33275
  15. 10261
  16. 272
  17. 332
  18. 18
  19. 24
  20. 39312
  21. 592
  22. 16668
  23. 576
  24. 39366
  25. 1581
  26. 1558
  27. 69
  28. 9261
  29. 128
  30. 954
  31. 52
  32. 2709
  33. 48
  34. 680
  35. 61364
  36. 23112
  37. 27783
  38. 44469
  39. 2016
  40. 459

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