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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 203 · 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 ₹6000 at 5% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹16400 is invested at 15% per year compound interest for 2 years (in ₹).
  3. 3.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  4. 4.Find the compound interest on ₹8800 at 15% per year for 2 years, added every year (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹48000 at 15% per year for 2 years (in ₹)?
  8. 8.Find the amount when ₹27200 is invested at 5% per year compound interest for 2 years (in ₹).
  9. 9.Find the amount when ₹6950 is invested at 20% per year compound interest for 2 years (in ₹).
  10. 10.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹12000 is invested at 10% per year compound interest for 3 years (in ₹).
  13. 13.Find the compound interest on ₹7250 at 20% per year for 3 years, added every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹45600 at 5% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹43500 at 10% per year for 2 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  17. 17.Find the amount when ₹44992 is invested at 25% per year compound interest for 3 years (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
  19. 19.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
  21. 21.Find the amount when ₹48375 is invested at 20% per year compound interest for 3 years (in ₹).
  22. 22.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  23. 23.Find the amount when ₹13200 is invested at 10% per year compound interest for 2 years (in ₹).
  24. 24.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹1500 at 20% per year for 3 years, added every year (in ₹).
  28. 28.Find the amount when ₹36400 is invested at 5% per year compound interest for 2 years (in ₹).
  29. 29.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹44900 at 10% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹7500 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 ₹48800 at 5% per year for 2 years (in ₹)?
  33. 33.What is the difference between the compound interest and the simple interest on ₹11300 at 10% per year for 2 years (in ₹)?
  34. 34.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  35. 35.Find the compound interest on ₹32000 at 10% per year for 3 years, added every year (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  37. 37.Find the compound interest on ₹5900 at 10% per year for 2 years, added every year (in ₹).
  38. 38.Find the amount when ₹13600 is invested at 5% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹29200 is invested at 15% per year compound interest for 2 years (in ₹).
  40. 40.Find the amount when ₹14375 is invested at 8% per year compound interest for 2 years (in ₹).

Answer key

  1. 15
  2. 21689
  3. 65856
  4. 2838
  5. 24
  6. 35152
  7. 1080
  8. 29988
  9. 10008
  10. 6327
  11. 80
  12. 15972
  13. 5278
  14. 114
  15. 9135
  16. 25002
  17. 87875
  18. 540
  19. 72
  20. 6305
  21. 83592
  22. 17576
  23. 15972
  24. 27783
  25. 612
  26. 12174
  27. 1092
  28. 40131
  29. 3783
  30. 449
  31. 8112
  32. 122
  33. 113
  34. 7566
  35. 10592
  36. 240
  37. 1239
  38. 14994
  39. 38617
  40. 16767

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