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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 328 · 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 ₹32400 at 5% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹37200 at 15% per year for 2 years (in ₹)?
  3. 3.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
  4. 4.What is the difference between the compound interest and the simple interest on ₹20000 at 20% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹14400 at 25% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹13500 at 20% per year for 3 years, added every year (in ₹).
  7. 7.Find the amount when ₹20775 is invested at 20% per year compound interest for 2 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  10. 10.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  11. 11.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  12. 12.Find the compound interest on ₹5775 at 20% per year for 2 years, added every year (in ₹).
  13. 13.Find the compound interest on ₹9000 at 10% per year for 3 years, added every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹26400 at 5% per year for 2 years (in ₹)?
  15. 15.Find the amount when ₹20000 is invested at 20% per year compound interest for 3 years (in ₹).
  16. 16.Find the compound interest on ₹26000 at 5% per year for 2 years, added every year (in ₹).
  17. 17.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  18. 18.Find the compound interest on ₹33312 at 25% per year for 2 years, added every year (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹34400 at 20% per year for 2 years (in ₹)?
  20. 20.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
  22. 22.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹32000 at 15% per year for 2 years (in ₹)?
  24. 24.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹9500 at 20% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹48250 is invested at 20% per year compound interest for 2 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹35400 at 20% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹22400 at 15% per year for 2 years, added every year (in ₹).
  29. 29.Find the amount when ₹11600 is invested at 15% per year compound interest for 2 years (in ₹).
  30. 30.Find the amount when ₹18900 is invested at 10% per year compound interest for 2 years (in ₹).
  31. 31.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  32. 32.Find the amount when ₹39375 is invested at 8% per year compound interest for 2 years (in ₹).
  33. 33.Find the amount when ₹17500 is invested at 8% per year compound interest for 2 years (in ₹).
  34. 34.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹8000 at 5% per year for 2 years (in ₹)?
  36. 36.Find the compound interest on ₹24500 at 20% per year for 3 years, added every year (in ₹).
  37. 37.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹21600 at 10% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹8896 is invested at 25% per year compound interest for 3 years (in ₹).

Answer key

  1. 81
  2. 837
  3. 224
  4. 800
  5. 900
  6. 9828
  7. 29916
  8. 36
  9. 19683
  10. 27783
  11. 4058
  12. 2541
  13. 2979
  14. 66
  15. 34560
  16. 2665
  17. 39366
  18. 18738
  19. 1376
  20. 504
  21. 60835
  22. 18981
  23. 720
  24. 25002
  25. 380
  26. 69480
  27. 1416
  28. 7224
  29. 15341
  30. 22869
  31. 3902
  32. 45927
  33. 20412
  34. 24334
  35. 20
  36. 17836
  37. 43904
  38. 216
  39. 16
  40. 17375

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