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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 263 · 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 ₹8800 at 15% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  3. 3.Find the compound interest on ₹21550 at 20% per year for 2 years, added every year (in ₹).
  4. 4.Find the compound interest on ₹33664 at 25% per year for 3 years, added every year (in ₹).
  5. 5.Find the compound interest on ₹5000 at 12% per year for 2 years, added every year (in ₹).
  6. 6.What is the difference between the compound interest and the simple interest on ₹24000 at 5% per year for 2 years (in ₹)?
  7. 7.Find the amount when ₹30625 is invested at 4% per year compound interest for 2 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹47900 at 10% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  10. 10.Find the amount when ₹8400 is invested at 5% per year compound interest for 2 years (in ₹).
  11. 11.Find the compound interest on ₹36000 at 15% per year for 2 years, added every year (in ₹).
  12. 12.Find the amount when ₹34800 is invested at 15% per year compound interest for 2 years (in ₹).
  13. 13.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  14. 14.Find the amount when ₹32050 is invested at 20% per year compound interest for 2 years (in ₹).
  15. 15.Find the amount when ₹21696 is invested at 25% per year compound interest for 3 years (in ₹).
  16. 16.Find the compound interest on ₹34368 at 25% per year for 2 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹36875 at 12% per year for 2 years, added every year (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
  19. 19.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
  20. 20.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
  21. 21.Find the compound interest on ₹8750 at 8% per year for 2 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹48300 at 10% per year for 2 years (in ₹)?
  23. 23.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹37625 at 20% per year for 3 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹2800 at 5% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹4250 at 20% per year for 2 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹8250 at 20% per year for 3 years, added every year (in ₹).
  28. 28.Find the compound interest on ₹28875 at 20% per year for 3 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  30. 30.Find the compound interest on ₹48000 at 15% per year for 2 years, added every year (in ₹).
  31. 31.Find the compound interest on ₹8750 at 12% per year for 2 years, added every year (in ₹).
  32. 32.Find the compound interest on ₹11392 at 25% per year for 3 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹49375 at 12% per year for 2 years, added every year (in ₹).
  34. 34.Find the amount when ₹28800 is invested at 15% per year compound interest for 2 years (in ₹).
  35. 35.Find the amount when ₹33600 is invested at 20% per year compound interest for 2 years (in ₹).
  36. 36.Find the amount when ₹2400 is invested at 15% per year compound interest for 2 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
  38. 38.Find the compound interest on ₹2750 at 20% per year for 3 years, added every year (in ₹).
  39. 39.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹17600 at 10% per year for 2 years (in ₹)?

Answer key

  1. 198
  2. 46305
  3. 9482
  4. 32086
  5. 1272
  6. 60
  7. 33124
  8. 479
  9. 18522
  10. 9261
  11. 11610
  12. 46023
  13. 12167
  14. 46152
  15. 42375
  16. 19332
  17. 9381
  18. 128
  19. 144
  20. 320
  21. 1456
  22. 483
  23. 12654
  24. 27391
  25. 7
  26. 1870
  27. 6006
  28. 21021
  29. 20835
  30. 15480
  31. 2226
  32. 10858
  33. 12561
  34. 38088
  35. 48384
  36. 3174
  37. 64
  38. 2002
  39. 65856
  40. 176

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