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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 217 · 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 ₹2200 at 20% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹40400 at 15% per year for 2 years, added every year (in ₹).
  3. 3.Find the compound interest on ₹26875 at 8% per year for 2 years, added every year (in ₹).
  4. 4.Find the compound interest on ₹44000 at 5% per year for 2 years, added every year (in ₹).
  5. 5.Find the compound interest on ₹41000 at 10% per year for 3 years, added every year (in ₹).
  6. 6.Find the compound interest on ₹1600 at 5% per year for 2 years, added every year (in ₹).
  7. 7.Find the amount when ₹10000 is invested at 4% per year compound interest for 2 years (in ₹).
  8. 8.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹15200 at 15% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  11. 11.Find the amount when ₹21376 is invested at 25% per year compound interest for 3 years (in ₹).
  12. 12.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  13. 13.Find the amount when ₹12800 is invested at 5% per year compound interest for 2 years (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹42800 at 25% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹11750 at 20% per year for 3 years, added every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹8400 at 5% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹48400 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 ₹8800 at 5% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
  21. 21.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹14800 at 5% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹4125 at 20% per year for 3 years, added every year (in ₹).
  26. 26.Find the compound interest on ₹27300 at 10% per year for 2 years, added every year (in ₹).
  27. 27.Find the amount when ₹29000 is invested at 10% per year compound interest for 3 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹1600 at 5% per year for 2 years (in ₹)?
  29. 29.Find the amount when ₹1875 is invested at 12% per year compound interest for 2 years (in ₹).
  30. 30.Find the amount when ₹13200 is invested at 15% per year compound interest for 2 years (in ₹).
  31. 31.Find the compound interest on ₹11000 at 10% per year for 3 years, added every year (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
  33. 33.What is the difference between the compound interest and the simple interest on ₹32500 at 8% per year for 2 years (in ₹)?
  34. 34.Find the amount when ₹17500 is invested at 8% per year compound interest for 2 years (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹3200 at 25% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹27200 at 5% per year for 2 years (in ₹)?
  37. 37.What is the difference between the compound interest and the simple interest on ₹34800 at 5% per year for 2 years (in ₹)?
  38. 38.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  39. 39.Find the amount when ₹3125 is invested at 4% per year compound interest for 2 years (in ₹).
  40. 40.Find the amount when ₹38000 is invested at 5% per year compound interest for 2 years (in ₹).

Answer key

  1. 88
  2. 13029
  3. 4472
  4. 4510
  5. 13571
  6. 164
  7. 10816
  8. 4167
  9. 342
  10. 39366
  11. 41750
  12. 37044
  13. 14112
  14. 2675
  15. 8334
  16. 8554
  17. 21
  18. 64009
  19. 22
  20. 60835
  21. 52728
  22. 304
  23. 18522
  24. 37
  25. 3003
  26. 5733
  27. 38599
  28. 4
  29. 2352
  30. 17457
  31. 3641
  32. 64
  33. 208
  34. 20412
  35. 200
  36. 68
  37. 87
  38. 9261
  39. 3380
  40. 41895

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