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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 305 · 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 ₹30800 at 15% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹31000 is invested at 10% per year compound interest for 3 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹26000 at 25% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹30625 at 12% per year for 2 years, added every year (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  7. 7.Find the compound interest on ₹21250 at 4% per year for 2 years, added every year (in ₹).
  8. 8.Find the amount when ₹38100 is invested at 10% per year compound interest for 2 years (in ₹).
  9. 9.Find the compound interest on ₹17000 at 10% per year for 3 years, added every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹24000 at 20% per year for 2 years (in ₹)?
  11. 11.Find the compound interest on ₹43200 at 25% per year for 3 years, added every year (in ₹).
  12. 12.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  13. 13.Find the amount when ₹2125 is invested at 20% per year compound interest for 3 years (in ₹).
  14. 14.Find the amount when ₹43125 is invested at 8% per year compound interest for 2 years (in ₹).
  15. 15.Find the amount when ₹4800 is invested at 5% per year compound interest for 2 years (in ₹).
  16. 16.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  17. 17.Find the amount when ₹23200 is invested at 5% per year compound interest for 2 years (in ₹).
  18. 18.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  19. 19.Find the amount when ₹2000 is invested at 15% per year compound interest for 2 years (in ₹).
  20. 20.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
  21. 21.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  22. 22.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  23. 23.Find the compound interest on ₹25625 at 4% per year for 2 years, added every year (in ₹).
  24. 24.Find the amount when ₹14800 is invested at 5% per year compound interest for 2 years (in ₹).
  25. 25.Find the compound interest on ₹20864 at 25% per year for 3 years, added every year (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
  27. 27.What is the difference between the compound interest and the simple interest on ₹30400 at 20% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹12400 at 5% per year for 2 years, added every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹17500 at 12% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹24000 at 15% per year for 2 years, added every year (in ₹).
  31. 31.Find the compound interest on ₹4900 at 10% per year for 2 years, added every year (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹1200 at 5% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹7600 is invested at 10% per year compound interest for 2 years (in ₹).
  34. 34.Find the amount when ₹31872 is invested at 25% per year compound interest for 3 years (in ₹).
  35. 35.Find the amount when ₹18275 is invested at 20% per year compound interest for 2 years (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹1600 at 5% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹30375 is invested at 20% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹28000 is invested at 10% per year compound interest for 3 years (in ₹).
  39. 39.Find the amount when ₹3125 is invested at 8% per year compound interest for 2 years (in ₹).
  40. 40.Find the compound interest on ₹24000 at 10% per year for 3 years, added every year (in ₹).

Answer key

  1. 693
  2. 41261
  3. 1625
  4. 7791
  5. 304
  6. 12167
  7. 1734
  8. 46101
  9. 5627
  10. 960
  11. 41175
  12. 6327
  13. 3672
  14. 50301
  15. 5292
  16. 4058
  17. 25578
  18. 12174
  19. 2645
  20. 12501
  21. 9261
  22. 46305
  23. 2091
  24. 16317
  25. 19886
  26. 44
  27. 1216
  28. 1271
  29. 252
  30. 7740
  31. 1029
  32. 3
  33. 9196
  34. 62250
  35. 26316
  36. 4
  37. 43740
  38. 37268
  39. 3645
  40. 7944

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