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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 360 · 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 compound interest on ₹4375 at 4% per year for 2 years, added every year (in ₹).
  2. 2.Find the amount when ₹3200 is invested at 5% per year compound interest for 2 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹21200 at 5% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹35000 is invested at 8% per year compound interest for 2 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹7300 at 20% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹22300 at 20% per year for 2 years (in ₹)?
  7. 7.What is the difference between the compound interest and the simple interest on ₹42500 at 4% per year for 2 years (in ₹)?
  8. 8.Find the amount when ₹41600 is invested at 5% per year compound interest for 2 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹4900 at 10% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹13750 is invested at 4% per year compound interest for 2 years (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹6400 at 25% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹34600 at 10% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹45200 is invested at 5% per year compound interest for 2 years (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
  16. 16.Find the amount when ₹4240 is invested at 25% per year compound interest for 2 years (in ₹).
  17. 17.Find the amount when ₹12176 is invested at 25% per year compound interest for 2 years (in ₹).
  18. 18.Find the amount when ₹22000 is invested at 10% per year compound interest for 3 years (in ₹).
  19. 19.Find the amount when ₹43800 is invested at 10% per year compound interest for 2 years (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹3200 at 5% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹39200 is invested at 5% per year compound interest for 2 years (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
  23. 23.What is the difference between the compound interest and the simple interest on ₹27500 at 12% per year for 2 years (in ₹)?
  24. 24.What is the difference between the compound interest and the simple interest on ₹15200 at 10% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹1792 at 25% per year for 3 years, added every year (in ₹).
  26. 26.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹34800 at 5% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹14400 at 5% per year for 2 years, added every year (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
  31. 31.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹1600 at 15% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹23125 is invested at 4% per year compound interest for 2 years (in ₹).
  34. 34.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  35. 35.Find the amount when ₹36800 is invested at 5% per year compound interest for 2 years (in ₹).
  36. 36.Find the amount when ₹31875 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 ₹38000 at 5% per year for 2 years (in ₹)?
  38. 38.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹17750 at 20% per year for 3 years, added every year (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹40800 at 15% per year for 2 years (in ₹)?

Answer key

  1. 357
  2. 3528
  3. 53
  4. 40824
  5. 292
  6. 892
  7. 68
  8. 45864
  9. 49
  10. 14872
  11. 400
  12. 46305
  13. 346
  14. 49833
  15. 144
  16. 6625
  17. 19025
  18. 29282
  19. 52998
  20. 8
  21. 43218
  22. 360
  23. 396
  24. 152
  25. 1708
  26. 19683
  27. 87
  28. 12174
  29. 1476
  30. 304
  31. 20835
  32. 36
  33. 25012
  34. 9261
  35. 40572
  36. 37179
  37. 95
  38. 5044
  39. 12922
  40. 918

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