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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 155 · 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 ₹17500 at 4% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  3. 3.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  4. 4.Find the compound interest on ₹18750 at 20% per year for 3 years, added every year (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹25600 at 25% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹17300 at 10% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹10500 at 20% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  10. 10.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  11. 11.Find the compound interest on ₹17500 at 8% per year for 2 years, added every year (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹36000 at 5% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹45600 at 15% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹6375 at 20% per year for 3 years, added every year (in ₹).
  15. 15.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
  17. 17.Find the compound interest on ₹35840 at 25% per year for 3 years, added every year (in ₹).
  18. 18.Find the amount when ₹14208 is invested at 25% per year compound interest for 2 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹16800 is invested at 15% per year compound interest for 2 years (in ₹).
  21. 21.Find the compound interest on ₹42000 at 5% per year for 2 years, added every year (in ₹).
  22. 22.Find the amount when ₹37800 is invested at 10% per year compound interest for 2 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹36400 at 15% per year for 2 years (in ₹)?
  24. 24.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  25. 25.Find the amount when ₹8900 is invested at 10% per year compound interest for 2 years (in ₹).
  26. 26.Find the compound interest on ₹21875 at 8% 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 25% per year for 2 years (in ₹)?
  28. 28.What is the difference between the compound interest and the simple interest on ₹14000 at 5% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹36000 at 25% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
  31. 31.Find the compound interest on ₹33125 at 8% per year for 2 years, added every year (in ₹).
  32. 32.Find the amount when ₹16384 is invested at 25% per year compound interest for 3 years (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹35000 at 4% per year for 2 years (in ₹)?
  34. 34.Find the amount when ₹38125 is invested at 12% per year compound interest for 2 years (in ₹).
  35. 35.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  36. 36.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  37. 37.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  38. 38.Find the amount when ₹37400 is invested at 10% per year compound interest for 2 years (in ₹).
  39. 39.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  40. 40.What is the difference between the compound interest and the simple interest on ₹47500 at 12% per year for 2 years (in ₹)?

Answer key

  1. 28
  2. 18522
  3. 12174
  4. 13650
  5. 1600
  6. 19683
  7. 173
  8. 420
  9. 1261
  10. 18981
  11. 2912
  12. 90
  13. 1026
  14. 4641
  15. 43904
  16. 216
  17. 34160
  18. 22200
  19. 360
  20. 22218
  21. 4305
  22. 45738
  23. 819
  24. 4167
  25. 10769
  26. 3640
  27. 1700
  28. 35
  29. 2250
  30. 80
  31. 5512
  32. 32000
  33. 56
  34. 47824
  35. 65856
  36. 52728
  37. 12167
  38. 45254
  39. 80
  40. 684

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