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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 18 · 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 amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  2. 2.Find the compound interest on ₹30000 at 10% per year for 3 years, added every year (in ₹).
  3. 3.Find the amount when ₹16475 is invested at 20% per year compound interest for 2 years (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹38800 at 15% per year for 2 years (in ₹)?
  5. 5.Find the compound interest on ₹18750 at 20% per year for 3 years, added every year (in ₹).
  6. 6.What is the difference between the compound interest and the simple interest on ₹27600 at 5% per year for 2 years (in ₹)?
  7. 7.Find the amount when ₹7000 is invested at 20% per year compound interest for 2 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹48000 at 25% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  10. 10.Find the amount when ₹30400 is invested at 20% per year compound interest for 2 years (in ₹).
  11. 11.Find the compound interest on ₹20625 at 8% per year for 2 years, added every year (in ₹).
  12. 12.Find the compound interest on ₹32000 at 5% per year for 2 years, added every year (in ₹).
  13. 13.Find the amount when ₹46375 is invested at 20% per year compound interest for 3 years (in ₹).
  14. 14.Find the compound interest on ₹20000 at 8% per year for 2 years, added every year (in ₹).
  15. 15.Find the amount when ₹4368 is invested at 25% per year compound interest for 2 years (in ₹).
  16. 16.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹15800 at 10% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹20000 is invested at 10% per year compound interest for 3 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹35000 at 4% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹46000 at 10% per year for 3 years, added every year (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?
  22. 22.What is the difference between the compound interest and the simple interest on ₹22400 at 25% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹2650 is invested at 20% per year compound interest for 2 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
  25. 25.Find the amount when ₹22800 is invested at 5% per year compound interest for 2 years (in ₹).
  26. 26.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  27. 27.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  28. 28.Find the compound interest on ₹9600 at 5% per year for 2 years, added every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹27500 at 8% per year for 2 years (in ₹)?
  30. 30.Find the amount when ₹12000 is invested at 10% per year compound interest for 3 years (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹12100 at 10% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹27000 at 10% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹9600 at 5% per year for 2 years (in ₹)?
  35. 35.Find the compound interest on ₹47616 at 25% per year for 2 years, added every year (in ₹).
  36. 36.Find the compound interest on ₹14000 at 5% per year for 2 years, added every year (in ₹).
  37. 37.Find the amount when ₹34375 is invested at 8% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹2500 is invested at 20% per year compound interest for 3 years (in ₹).
  39. 39.Find the compound interest on ₹4000 at 5% per year for 2 years, added every year (in ₹).
  40. 40.Find the amount when ₹22000 is invested at 5% per year compound interest for 2 years (in ₹).

Answer key

  1. 36501
  2. 9930
  3. 23724
  4. 873
  5. 13650
  6. 69
  7. 10080
  8. 3000
  9. 43904
  10. 43776
  11. 3432
  12. 3280
  13. 80136
  14. 3328
  15. 6825
  16. 27783
  17. 158
  18. 26620
  19. 56
  20. 15226
  21. 504
  22. 1400
  23. 3816
  24. 224
  25. 25137
  26. 52728
  27. 3902
  28. 984
  29. 176
  30. 15972
  31. 121
  32. 12654
  33. 8937
  34. 24
  35. 26784
  36. 1435
  37. 40095
  38. 4320
  39. 410
  40. 24255

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