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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 303 · 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 ₹24400 at 20% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹4750 is invested at 20% per year compound interest for 3 years (in ₹).
  3. 3.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹13600 at 10% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹42000 is invested at 15% per year compound interest for 2 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹2800 at 15% per year for 2 years (in ₹)?
  8. 8.Find the amount when ₹23664 is invested at 25% per year compound interest for 2 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹5600 at 20% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  11. 11.Find the compound interest on ₹18000 at 5% per year for 2 years, added every year (in ₹).
  12. 12.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹30000 at 4% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
  15. 15.Find the amount when ₹6400 is invested at 5% per year compound interest for 2 years (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹43600 at 15% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹46250 at 4% per year for 2 years, added every year (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹43300 at 20% per year for 2 years (in ₹)?
  22. 22.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹20400 at 20% per year for 2 years (in ₹)?
  24. 24.What is the difference between the compound interest and the simple interest on ₹27100 at 10% per year for 2 years (in ₹)?
  25. 25.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹11200 at 5% per year for 2 years (in ₹)?
  27. 27.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  28. 28.Find the amount when ₹17200 is invested at 10% per year compound interest for 2 years (in ₹).
  29. 29.Find the compound interest on ₹24384 at 25% per year for 2 years, added every year (in ₹).
  30. 30.Find the amount when ₹38750 is invested at 8% per year compound interest for 2 years (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹5200 at 5% per year for 2 years (in ₹)?
  32. 32.What is the difference between the compound interest and the simple interest on ₹49000 at 10% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹43000 is invested at 20% per year compound interest for 3 years (in ₹).
  34. 34.Find the compound interest on ₹16000 at 15% per year for 2 years, added every year (in ₹).
  35. 35.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
  36. 36.Find the compound interest on ₹34000 at 10% per year for 2 years, added every year (in ₹).
  37. 37.Find the amount when ₹12500 is invested at 8% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹19300 is invested at 10% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹28100 is invested at 10% per year compound interest for 2 years (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹27500 at 12% per year for 2 years (in ₹)?

Answer key

  1. 976
  2. 8208
  3. 5853
  4. 64
  5. 136
  6. 55545
  7. 63
  8. 36975
  9. 224
  10. 4167
  11. 1845
  12. 73002
  13. 48
  14. 59049
  15. 7056
  16. 108
  17. 16
  18. 24334
  19. 981
  20. 3774
  21. 1732
  22. 37044
  23. 816
  24. 271
  25. 55566
  26. 28
  27. 5044
  28. 20812
  29. 13716
  30. 45198
  31. 13
  32. 490
  33. 74304
  34. 5160
  35. 48668
  36. 7140
  37. 14580
  38. 23353
  39. 34001
  40. 396

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