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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 284 · 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 compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  2. 2.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹40000 at 4% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹1250 at 8% per year for 2 years, added every year (in ₹).
  5. 5.Find the amount when ₹21184 is invested at 25% per year compound interest for 3 years (in ₹).
  6. 6.Find the amount when ₹24525 is invested at 20% per year compound interest for 2 years (in ₹).
  7. 7.Find the compound interest on ₹24325 at 20% per year for 2 years, added every year (in ₹).
  8. 8.Find the amount when ₹13900 is invested at 20% per year compound interest for 2 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹29200 at 25% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹11200 at 5% per year for 2 years, added every year (in ₹).
  11. 11.Find the compound interest on ₹23125 at 12% per year for 2 years, added every year (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹13700 at 20% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹12500 at 4% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
  16. 16.Find the amount when ₹9792 is invested at 25% per year compound interest for 3 years (in ₹).
  17. 17.Find the compound interest on ₹42500 at 20% per year for 3 years, added every year (in ₹).
  18. 18.Find the amount when ₹24950 is invested at 20% per year compound interest for 2 years (in ₹).
  19. 19.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹37600 at 5% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹12000 is invested at 20% per year compound interest for 3 years (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹30400 at 15% 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.Find the amount when ₹6100 is invested at 10% per year compound interest for 2 years (in ₹).
  25. 25.Find the amount when ₹8192 is invested at 25% per year compound interest for 2 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 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 ₹39500 is invested at 20% per year compound interest for 3 years (in ₹).
  29. 29.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  30. 30.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  31. 31.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  32. 32.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  33. 33.Find the amount when ₹39375 is invested at 12% per year compound interest for 2 years (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹49600 at 5% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹1600 at 15% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹39200 at 5% per year for 2 years (in ₹)?
  37. 37.What is the difference between the compound interest and the simple interest on ₹16400 at 15% per year for 2 years (in ₹)?
  38. 38.Find the amount when ₹36000 is invested at 10% per year compound interest for 3 years (in ₹).
  39. 39.Find the compound interest on ₹40400 at 15% per year for 2 years, added every year (in ₹).
  40. 40.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).

Answer key

  1. 12654
  2. 21952
  3. 64
  4. 208
  5. 41375
  6. 35316
  7. 10703
  8. 20016
  9. 1825
  10. 1148
  11. 5883
  12. 548
  13. 7566
  14. 20
  15. 112
  16. 19125
  17. 30940
  18. 35928
  19. 3783
  20. 94
  21. 20736
  22. 684
  23. 18522
  24. 7381
  25. 12800
  26. 24
  27. 9261
  28. 68256
  29. 12174
  30. 3902
  31. 5044
  32. 37044
  33. 49392
  34. 124
  35. 36
  36. 98
  37. 369
  38. 47916
  39. 13029
  40. 4167

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