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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 394 · 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 ₹23000 is invested at 10% per year compound interest for 3 years (in ₹).
  2. 2.Find the compound interest on ₹32000 at 10% per year for 3 years, added every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  4. 4.What is the difference between the compound interest and the simple interest on ₹30000 at 4% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹39500 at 20% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹22500 is invested at 20% per year compound interest for 3 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹6600 at 20% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹19700 at 10% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  10. 10.Find the compound interest on ₹11250 at 8% per year for 2 years, added every year (in ₹).
  11. 11.Find the amount when ₹12500 is invested at 4% per year compound interest for 2 years (in ₹).
  12. 12.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  13. 13.Find the amount when ₹3000 is invested at 10% per year compound interest for 3 years (in ₹).
  14. 14.Find the amount when ₹30736 is invested at 25% per year compound interest for 2 years (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹26800 at 5% per year for 2 years (in ₹)?
  16. 16.Find the amount when ₹11250 is invested at 8% per year compound interest for 2 years (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹44000 at 5% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹12400 at 10% per year for 2 years (in ₹)?
  19. 19.Find the compound interest on ₹16576 at 25% per year for 3 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹44608 is invested at 25% per year compound interest for 3 years (in ₹).
  22. 22.Find the compound interest on ₹32016 at 25% per year for 2 years, added every year (in ₹).
  23. 23.Find the amount when ₹27500 is invested at 20% per year compound interest for 3 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹9600 at 25% per year for 2 years (in ₹)?
  25. 25.What is the difference between the compound interest and the simple interest on ₹24200 at 10% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹7400 at 10% per year for 2 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹2200 at 10% per year for 2 years, added every year (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹40200 at 10% per year for 2 years (in ₹)?
  29. 29.Find the compound interest on ₹35000 at 10% per year for 3 years, added every year (in ₹).
  30. 30.Find the compound interest on ₹6000 at 5% per year for 2 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹6000 at 10% per year for 3 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  34. 34.Find the amount when ₹4375 is invested at 4% per year compound interest for 2 years (in ₹).
  35. 35.Find the compound interest on ₹21875 at 8% per year for 2 years, added every year (in ₹).
  36. 36.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹5000 at 4% per year for 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹800 at 5% per year for 2 years (in ₹)?
  39. 39.Find the compound interest on ₹44000 at 10% per year for 3 years, added every year (in ₹).
  40. 40.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).

Answer key

  1. 30613
  2. 10592
  3. 272
  4. 48
  5. 1580
  6. 38880
  7. 264
  8. 197
  9. 43904
  10. 1872
  11. 13520
  12. 4167
  13. 3993
  14. 48025
  15. 67
  16. 13122
  17. 110
  18. 124
  19. 15799
  20. 240
  21. 87125
  22. 18009
  23. 47520
  24. 600
  25. 242
  26. 1554
  27. 462
  28. 402
  29. 11585
  30. 615
  31. 128
  32. 1986
  33. 12654
  34. 4732
  35. 3640
  36. 24334
  37. 8
  38. 2
  39. 14564
  40. 6305

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