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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 357 · 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 ₹18000 is invested at 20% per year compound interest for 3 years (in ₹).
  2. 2.Find the amount when ₹13000 is invested at 20% per year compound interest for 3 years (in ₹).
  3. 3.Find the compound interest on ₹35600 at 15% per year for 2 years, added every year (in ₹).
  4. 4.Find the amount when ₹13000 is invested at 10% per year compound interest for 3 years (in ₹).
  5. 5.Find the compound interest on ₹29750 at 20% per year for 3 years, added every year (in ₹).
  6. 6.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹5800 at 10% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹32925 at 20% per year for 2 years, added every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹29200 at 20% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹43200 is invested at 15% per year compound interest for 2 years (in ₹).
  12. 12.Find the amount when ₹20225 is invested at 20% per year compound interest for 2 years (in ₹).
  13. 13.Find the amount when ₹16816 is invested at 25% per year compound interest for 2 years (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹13600 at 15% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹15000 at 10% per year for 3 years, added every year (in ₹).
  16. 16.Find the amount when ₹20100 is invested at 10% per year compound interest for 2 years (in ₹).
  17. 17.Find the amount when ₹20800 is invested at 15% per year compound interest for 2 years (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹39800 at 10% per year for 2 years (in ₹)?
  19. 19.Find the compound interest on ₹44800 at 15% per year for 2 years, added every year (in ₹).
  20. 20.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
  21. 21.Find the amount when ₹32500 is invested at 8% per year compound interest for 2 years (in ₹).
  22. 22.Find the compound interest on ₹6875 at 8% per year for 2 years, added every year (in ₹).
  23. 23.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  24. 24.Find the compound interest on ₹42672 at 25% per year for 2 years, added every year (in ₹).
  25. 25.Find the amount when ₹44224 is invested at 25% per year compound interest for 3 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹27500 at 12% per year for 2 years (in ₹)?
  27. 27.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
  28. 28.What is the difference between the compound interest and the simple interest on ₹47500 at 4% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹34000 at 15% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹23125 at 12% per year for 2 years, added every year (in ₹).
  31. 31.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹24400 at 25% per year for 2 years (in ₹)?
  33. 33.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  34. 34.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  35. 35.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  36. 36.Find the amount when ₹9900 is invested at 10% per year compound interest for 2 years (in ₹).
  37. 37.Find the compound interest on ₹31875 at 4% per year for 2 years, added every year (in ₹).
  38. 38.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  39. 39.Find the compound interest on ₹8000 at 10% per year for 3 years, added every year (in ₹).
  40. 40.Find the amount when ₹23000 is invested at 10% per year compound interest for 3 years (in ₹).

Answer key

  1. 31104
  2. 22464
  3. 11481
  4. 17303
  5. 21658
  6. 12174
  7. 36
  8. 58
  9. 14487
  10. 1168
  11. 57132
  12. 29124
  13. 26275
  14. 306
  15. 4965
  16. 24321
  17. 27508
  18. 398
  19. 14448
  20. 16668
  21. 37908
  22. 1144
  23. 18522
  24. 24003
  25. 86375
  26. 396
  27. 144
  28. 76
  29. 765
  30. 5883
  31. 37044
  32. 1525
  33. 18981
  34. 12654
  35. 3902
  36. 11979
  37. 2601
  38. 19683
  39. 2648
  40. 30613

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