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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 400 · 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 ₹45000 at 8% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
  3. 3.Find the amount when ₹37600 is invested at 15% per year compound interest for 2 years (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹6600 at 10% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹4375 is invested at 8% per year compound interest for 2 years (in ₹).
  7. 7.Find the amount when ₹21900 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 ₹25000 at 4% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹18700 at 10% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹8400 at 10% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹15500 at 20% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹37500 at 8% per year for 2 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹18400 at 15% per year for 2 years, added every year (in ₹).
  16. 16.Find the amount when ₹15000 is invested at 10% per year compound interest for 3 years (in ₹).
  17. 17.Find the compound interest on ₹21250 at 4% per year for 2 years, added every year (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹7700 at 20% per year for 2 years (in ₹)?
  19. 19.Find the compound interest on ₹11600 at 15% per year for 2 years, added every year (in ₹).
  20. 20.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  21. 21.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  22. 22.Find the compound interest on ₹47200 at 15% per year for 2 years, added every year (in ₹).
  23. 23.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹2400 at 5% per year for 2 years, added every year (in ₹).
  26. 26.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  27. 27.Find the amount when ₹7000 is invested at 10% per year compound interest for 3 years (in ₹).
  28. 28.Find the amount when ₹38125 is invested at 12% per year compound interest for 2 years (in ₹).
  29. 29.Find the compound interest on ₹33125 at 4% per year for 2 years, added every year (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
  31. 31.What is the difference between the compound interest and the simple interest on ₹14400 at 20% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  33. 33.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  34. 34.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  35. 35.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
  36. 36.Find the compound interest on ₹4400 at 5% per year for 2 years, added every year (in ₹).
  37. 37.Find the compound interest on ₹15488 at 25% per year for 3 years, added every year (in ₹).
  38. 38.Find the amount when ₹40625 is invested at 4% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹33200 is invested at 15% per year compound interest for 2 years (in ₹).
  40. 40.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).

Answer key

  1. 288
  2. 5853
  3. 49726
  4. 66
  5. 96
  6. 5103
  7. 31536
  8. 40
  9. 187
  10. 12654
  11. 84
  12. 620
  13. 6305
  14. 6240
  15. 5934
  16. 19965
  17. 1734
  18. 308
  19. 3741
  20. 12174
  21. 21952
  22. 15222
  23. 3902
  24. 240
  25. 246
  26. 39366
  27. 9317
  28. 47824
  29. 2703
  30. 576
  31. 576
  32. 4058
  33. 12167
  34. 65856
  35. 48668
  36. 451
  37. 14762
  38. 43940
  39. 43907
  40. 17576

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