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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 32 · 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 amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  2. 2.Find the compound interest on ₹34500 at 20% per year for 3 years, added every year (in ₹).
  3. 3.Find the amount when ₹5000 is invested at 4% per year compound interest for 2 years (in ₹).
  4. 4.Find the amount when ₹7000 is invested at 20% per year compound interest for 3 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹47500 at 4% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹46875 is invested at 4% per year compound interest for 2 years (in ₹).
  7. 7.Find the amount when ₹18125 is invested at 20% per year compound interest for 2 years (in ₹).
  8. 8.Find the compound interest on ₹34875 at 20% per year for 3 years, added every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹22500 at 12% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹31400 at 20% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹13800 at 10% per year for 2 years (in ₹)?
  12. 12.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  13. 13.Find the amount when ₹28375 is invested at 20% per year compound interest for 3 years (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
  15. 15.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  16. 16.Find the amount when ₹38750 is invested at 4% per year compound interest for 2 years (in ₹).
  17. 17.Find the compound interest on ₹32375 at 20% per year for 3 years, added every year (in ₹).
  18. 18.Find the amount when ₹18500 is invested at 20% per year compound interest for 3 years (in ₹).
  19. 19.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  20. 20.Find the compound interest on ₹19100 at 10% per year for 2 years, added every year (in ₹).
  21. 21.Find the compound interest on ₹3750 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 ₹12800 at 5% per year for 2 years (in ₹)?
  23. 23.Find the compound interest on ₹13125 at 20% per year for 3 years, added every year (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹43800 at 20% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹27500 at 12% per year for 2 years, added every year (in ₹).
  26. 26.Find the amount when ₹29000 is invested at 10% per year compound interest for 3 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹3200 at 5% per year for 2 years (in ₹)?
  28. 28.What is the difference between the compound interest and the simple interest on ₹7600 at 25% per year for 2 years (in ₹)?
  29. 29.Find the amount when ₹20000 is invested at 12% per year compound interest for 2 years (in ₹).
  30. 30.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹23600 at 15% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹3568 at 25% per year for 2 years, added every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹32000 at 15% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹6250 is invested at 8% per year compound interest for 2 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  39. 39.Find the amount when ₹24000 is invested at 5% per year compound interest for 2 years (in ₹).
  40. 40.Find the compound interest on ₹49000 at 10% per year for 3 years, added every year (in ₹).

Answer key

  1. 55566
  2. 25116
  3. 5408
  4. 12096
  5. 76
  6. 50700
  7. 26100
  8. 25389
  9. 324
  10. 1256
  11. 138
  12. 3902
  13. 49032
  14. 96
  15. 35152
  16. 41912
  17. 23569
  18. 31968
  19. 27783
  20. 4011
  21. 624
  22. 32
  23. 9555
  24. 1752
  25. 6996
  26. 38599
  27. 8
  28. 475
  29. 25088
  30. 19683
  31. 531
  32. 2007
  33. 12
  34. 144
  35. 720
  36. 7290
  37. 540
  38. 48
  39. 26460
  40. 16219

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