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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 23 · 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 ₹15625 is invested at 4% per year compound interest for 2 years (in ₹).
  2. 2.Find the compound interest on ₹47675 at 20% per year for 2 years, added every year (in ₹).
  3. 3.Find the compound interest on ₹38528 at 25% per year for 3 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹18000 at 10% per year for 2 years (in ₹)?
  5. 5.Find the amount when ₹48000 is invested at 10% per year compound interest for 3 years (in ₹).
  6. 6.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
  7. 7.What is the difference between the compound interest and the simple interest on ₹42500 at 4% per year for 2 years (in ₹)?
  8. 8.Find the amount when ₹32000 is invested at 10% per year compound interest for 3 years (in ₹).
  9. 9.Find the compound interest on ₹36000 at 10% per year for 3 years, added every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹29900 at 20% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹30800 at 25% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹23200 at 10% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹10925 at 20% per year for 2 years, added every year (in ₹).
  14. 14.Find the amount when ₹22400 is invested at 5% per year compound interest for 2 years (in ₹).
  15. 15.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹30500 at 10% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹24000 at 5% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹12500 at 4% per year for 2 years (in ₹)?
  19. 19.What is the difference between the compound interest and the simple interest on ₹41600 at 5% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹48750 is invested at 4% per year compound interest for 2 years (in ₹).
  21. 21.Find the amount when ₹19375 is invested at 4% per year compound interest for 2 years (in ₹).
  22. 22.Find the compound interest on ₹6832 at 25% per year for 2 years, added every year (in ₹).
  23. 23.Find the amount when ₹15600 is invested at 5% per year compound interest for 2 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹11700 at 10% per year for 2 years (in ₹)?
  25. 25.What is the difference between the compound interest and the simple interest on ₹15600 at 5% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  27. 27.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  28. 28.Find the amount when ₹17200 is invested at 5% per year compound interest for 2 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹25500 at 20% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹43125 at 12% per year for 2 years, added every year (in ₹).
  31. 31.Find the compound interest on ₹3125 at 8% per year for 2 years, added every year (in ₹).
  32. 32.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  34. 34.Find the amount when ₹16200 is invested at 10% per year compound interest for 2 years (in ₹).
  35. 35.Find the compound interest on ₹46875 at 12% per year for 2 years, added every year (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
  37. 37.Find the compound interest on ₹42240 at 25% per year for 3 years, added every year (in ₹).
  38. 38.Find the compound interest on ₹400 at 15% per year for 2 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹30400 at 10% per year for 2 years, added every year (in ₹).
  40. 40.Find the compound interest on ₹13900 at 20% per year for 2 years, added every year (in ₹).

Answer key

  1. 16900
  2. 20977
  3. 36722
  4. 180
  5. 63888
  6. 144
  7. 68
  8. 42592
  9. 11916
  10. 1196
  11. 1925
  12. 232
  13. 4807
  14. 24696
  15. 37044
  16. 305
  17. 60
  18. 20
  19. 104
  20. 52728
  21. 20956
  22. 3843
  23. 17199
  24. 117
  25. 39
  26. 46305
  27. 9261
  28. 18963
  29. 1020
  30. 10971
  31. 520
  32. 7566
  33. 12174
  34. 19602
  35. 11925
  36. 144
  37. 40260
  38. 129
  39. 6384
  40. 6116

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