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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 24 · 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 ₹31000 is invested at 10% per year compound interest for 3 years (in ₹).
  2. 2.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹38200 at 10% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  5. 5.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  6. 6.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹25700 at 20% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹7600 at 5% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹47500 is invested at 4% per year compound interest for 2 years (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹38400 at 15% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹8000 is invested at 10% per year compound interest for 3 years (in ₹).
  12. 12.Find the amount when ₹30800 is invested at 5% per year compound interest for 2 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹9200 at 25% per year for 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹31900 at 20% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹6400 at 10% per year for 2 years (in ₹)?
  16. 16.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹21600 at 25% per year for 2 years (in ₹)?
  18. 18.Find the compound interest on ₹2900 at 10% per year for 2 years, added every year (in ₹).
  19. 19.Find the amount when ₹2000 is invested at 10% per year compound interest for 3 years (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹17300 at 10% per year for 2 years (in ₹)?
  21. 21.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  22. 22.Find the amount when ₹45400 is invested at 10% per year compound interest for 2 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹48800 at 25% per year for 2 years (in ₹)?
  24. 24.What is the difference between the compound interest and the simple interest on ₹40400 at 25% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  26. 26.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  27. 27.Find the amount when ₹12000 is invested at 10% per year compound interest for 2 years (in ₹).
  28. 28.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹42200 at 10% per year for 2 years, added every year (in ₹).
  30. 30.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  31. 31.Find the amount when ₹14700 is invested at 10% per year compound interest for 2 years (in ₹).
  32. 32.Find the compound interest on ₹40000 at 15% per year for 2 years, added every year (in ₹).
  33. 33.Find the amount when ₹22000 is invested at 15% per year compound interest for 2 years (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹40300 at 10% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹4400 at 5% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹47900 is invested at 10% per year compound interest for 2 years (in ₹).
  37. 37.Find the amount when ₹14016 is invested at 25% per year compound interest for 3 years (in ₹).
  38. 38.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  39. 39.Find the amount when ₹18450 is invested at 20% per year compound interest for 2 years (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?

Answer key

  1. 41261
  2. 2522
  3. 382
  4. 21952
  5. 65856
  6. 1261
  7. 1028
  8. 19
  9. 51376
  10. 864
  11. 10648
  12. 33957
  13. 575
  14. 1276
  15. 64
  16. 43904
  17. 1350
  18. 609
  19. 2662
  20. 173
  21. 12174
  22. 54934
  23. 3050
  24. 2525
  25. 8116
  26. 35152
  27. 14520
  28. 16668
  29. 8862
  30. 27783
  31. 17787
  32. 12900
  33. 29095
  34. 403
  35. 11
  36. 57959
  37. 27375
  38. 6327
  39. 26568
  40. 504

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