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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 204 · 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 ₹42000 at 20% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹17200 at 10% per year for 2 years (in ₹)?
  3. 3.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
  4. 4.Find the compound interest on ₹20000 at 4% per year for 2 years, added every year (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹50000 at 5% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  7. 7.Find the compound interest on ₹6000 at 15% per year for 2 years, added every year (in ₹).
  8. 8.Find the compound interest on ₹24675 at 20% per year for 2 years, added every year (in ₹).
  9. 9.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  10. 10.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹39200 at 5% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹48000 is invested at 10% per year compound interest for 3 years (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹40800 at 25% per year for 2 years (in ₹)?
  16. 16.Find the compound interest on ₹39025 at 20% per year for 2 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹625 at 12% per year for 2 years, added every year (in ₹).
  18. 18.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  19. 19.Find the compound interest on ₹6250 at 12% per year for 2 years, added every year (in ₹).
  20. 20.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  21. 21.Find the compound interest on ₹30976 at 25% per year for 2 years, added every year (in ₹).
  22. 22.Find the compound interest on ₹25000 at 8% per year for 2 years, added every year (in ₹).
  23. 23.Find the amount when ₹2000 is invested at 5% per year compound interest for 2 years (in ₹).
  24. 24.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  25. 25.Find the compound interest on ₹6608 at 25% per year for 2 years, added every year (in ₹).
  26. 26.Find the compound interest on ₹36800 at 5% per year for 2 years, added every year (in ₹).
  27. 27.Find the amount when ₹40000 is invested at 4% per year compound interest for 2 years (in ₹).
  28. 28.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹1875 at 12% per year for 2 years, added every year (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
  31. 31.What is the difference between the compound interest and the simple interest on ₹13600 at 15% per year for 2 years (in ₹)?
  32. 32.What is the difference between the compound interest and the simple interest on ₹20000 at 12% per year for 2 years (in ₹)?
  33. 33.What is the difference between the compound interest and the simple interest on ₹22200 at 20% per year for 2 years (in ₹)?
  34. 34.Find the compound interest on ₹14272 at 25% per year for 3 years, added every year (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹38400 at 15% per year for 2 years (in ₹)?
  36. 36.Find the compound interest on ₹23000 at 10% per year for 3 years, added every year (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹25000 at 4% per year for 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  39. 39.Find the amount when ₹27400 is invested at 10% per year compound interest for 2 years (in ₹).
  40. 40.Find the amount when ₹34550 is invested at 20% per year compound interest for 2 years (in ₹).

Answer key

  1. 1680
  2. 172
  3. 60835
  4. 1632
  5. 125
  6. 18522
  7. 1935
  8. 10857
  9. 20835
  10. 6305
  11. 144
  12. 17576
  13. 98
  14. 63888
  15. 2550
  16. 17171
  17. 159
  18. 5044
  19. 1590
  20. 6327
  21. 17424
  22. 4160
  23. 2205
  24. 52728
  25. 3717
  26. 3772
  27. 43264
  28. 4058
  29. 477
  30. 36
  31. 306
  32. 288
  33. 888
  34. 13603
  35. 864
  36. 7613
  37. 40
  38. 80
  39. 33154
  40. 49752

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