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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 290 · 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 ₹9400 at 10% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹28000 at 25% per year for 2 years (in ₹)?
  3. 3.Find the compound interest on ₹35008 at 25% per year for 3 years, added every year (in ₹).
  4. 4.Find the amount when ₹10000 is invested at 5% per year compound interest for 2 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹27600 at 15% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹10800 at 15% per year for 2 years (in ₹)?
  7. 7.Find the amount when ₹8000 is invested at 10% per year compound interest for 3 years (in ₹).
  8. 8.Find the compound interest on ₹9525 at 20% per year for 2 years, added every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹32500 at 12% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹21056 at 25% per year for 3 years, added every year (in ₹).
  11. 11.Find the amount when ₹45600 is invested at 15% per year compound interest for 2 years (in ₹).
  12. 12.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹28900 at 20% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹31680 is invested at 25% per year compound interest for 3 years (in ₹).
  15. 15.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  16. 16.Find the compound interest on ₹5600 at 5% per year for 2 years, added every year (in ₹).
  17. 17.Find the amount when ₹40000 is invested at 4% per year compound interest for 2 years (in ₹).
  18. 18.Find the amount when ₹7000 is invested at 10% per year compound interest for 3 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.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  21. 21.Find the compound interest on ₹41600 at 25% per year for 3 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹35400 at 10% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹42000 is invested at 10% per year compound interest for 3 years (in ₹).
  24. 24.Find the compound interest on ₹35000 at 10% per year for 3 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  26. 26.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
  27. 27.Find the compound interest on ₹24000 at 20% per year for 3 years, added every year (in ₹).
  28. 28.Find the amount when ₹35625 is invested at 12% per year compound interest for 2 years (in ₹).
  29. 29.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  30. 30.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹29200 at 25% per year for 2 years (in ₹)?
  32. 32.What is the difference between the compound interest and the simple interest on ₹39200 at 15% per year for 2 years (in ₹)?
  33. 33.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹4100 at 10% per year for 2 years (in ₹)?
  35. 35.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  36. 36.Find the compound interest on ₹33000 at 10% per year for 3 years, added every year (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹19200 at 25% per year for 2 years (in ₹)?
  38. 38.Find the amount when ₹20025 is invested at 20% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
  40. 40.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).

Answer key

  1. 94
  2. 1750
  3. 33367
  4. 11025
  5. 621
  6. 243
  7. 10648
  8. 4191
  9. 468
  10. 20069
  11. 60306
  12. 1261
  13. 1156
  14. 61875
  15. 36501
  16. 574
  17. 43264
  18. 9317
  19. 144
  20. 43904
  21. 39650
  22. 354
  23. 55902
  24. 11585
  25. 272
  26. 180
  27. 17472
  28. 44688
  29. 25002
  30. 35152
  31. 1825
  32. 882
  33. 12654
  34. 41
  35. 52728
  36. 10923
  37. 1200
  38. 28836
  39. 60835
  40. 9261

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