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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 143 · 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 ₹40000 at 5% per year for 3 years, added every year (in ₹).
  2. 2.What is the difference between the compound interest and the simple interest on ₹35000 at 4% per year for 2 years (in ₹)?
  3. 3.Find the compound interest on ₹7872 at 25% per year for 3 years, added every year (in ₹).
  4. 4.Find the amount when ₹2000 is invested at 5% per year compound interest for 2 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹32000 at 20% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹17200 at 5% per year for 2 years (in ₹)?
  7. 7.What is the difference between the compound interest and the simple interest on ₹34800 at 10% per year for 2 years (in ₹)?
  8. 8.Find the amount when ₹20625 is invested at 4% per year compound interest for 2 years (in ₹).
  9. 9.Find the amount when ₹20625 is invested at 12% per year compound interest for 2 years (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹30000 at 8% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹44625 is invested at 20% per year compound interest for 3 years (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹20200 at 10% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹7200 at 5% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
  16. 16.What is the difference between the compound interest and the simple interest on ₹26400 at 15% per year for 2 years (in ₹)?
  17. 17.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  18. 18.Find the amount when ₹13600 is invested at 15% per year compound interest for 2 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹11600 at 25% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹34304 is invested at 25% per year compound interest for 3 years (in ₹).
  21. 21.Find the compound interest on ₹5000 at 4% per year for 2 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹23000 is invested at 10% per year compound interest for 3 years (in ₹).
  24. 24.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  25. 25.Find the amount when ₹15600 is invested at 15% per year compound interest for 2 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
  27. 27.What is the difference between the compound interest and the simple interest on ₹2800 at 15% per year for 2 years (in ₹)?
  28. 28.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  29. 29.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  32. 32.Find the amount when ₹5000 is invested at 10% per year compound interest for 3 years (in ₹).
  33. 33.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  34. 34.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  35. 35.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  36. 36.Find the compound interest on ₹24400 at 10% per year for 2 years, added every year (in ₹).
  37. 37.Find the compound interest on ₹28000 at 10% per year for 3 years, added every year (in ₹).
  38. 38.Find the compound interest on ₹30240 at 25% per year for 2 years, added every year (in ₹).
  39. 39.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  40. 40.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).

Answer key

  1. 6305
  2. 56
  3. 7503
  4. 2205
  5. 1280
  6. 43
  7. 348
  8. 22308
  9. 25872
  10. 192
  11. 77112
  12. 202
  13. 5853
  14. 18
  15. 80
  16. 594
  17. 12174
  18. 17986
  19. 725
  20. 67000
  21. 408
  22. 32
  23. 30613
  24. 65856
  25. 20631
  26. 112
  27. 63
  28. 52728
  29. 24334
  30. 304
  31. 18522
  32. 6655
  33. 3783
  34. 21952
  35. 1261
  36. 5124
  37. 9268
  38. 17010
  39. 39366
  40. 20835

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