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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 404 · 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 ₹50000 at 8% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹18750 is invested at 4% per year compound interest for 2 years (in ₹).
  3. 3.Find the compound interest on ₹5000 at 10% per year for 3 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹36400 at 25% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹45000 at 4% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹32800 is invested at 5% per year compound interest for 2 years (in ₹).
  7. 7.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
  8. 8.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  9. 9.Find the amount when ₹37000 is invested at 10% per year compound interest for 3 years (in ₹).
  10. 10.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹3600 at 5% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹14500 at 10% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹45000 at 8% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹6125 is invested at 20% per year compound interest for 3 years (in ₹).
  15. 15.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  16. 16.Find the amount when ₹32500 is invested at 4% per year compound interest for 2 years (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹19200 at 5% per year for 2 years (in ₹)?
  18. 18.Find the compound interest on ₹1875 at 8% per year for 2 years, added every year (in ₹).
  19. 19.Find the compound interest on ₹20125 at 20% per year for 2 years, added every year (in ₹).
  20. 20.Find the compound interest on ₹16640 at 25% per year for 3 years, added every year (in ₹).
  21. 21.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  22. 22.Find the compound interest on ₹32500 at 8% per year for 2 years, added every year (in ₹).
  23. 23.Find the amount when ₹43200 is invested at 5% per year compound interest for 2 years (in ₹).
  24. 24.Find the amount when ₹6250 is invested at 8% per year compound interest for 2 years (in ₹).
  25. 25.Find the compound interest on ₹25625 at 8% per year for 2 years, added every year (in ₹).
  26. 26.Find the amount when ₹37200 is invested at 15% per year compound interest for 2 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹34000 at 20% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹11600 at 5% per year for 2 years, added every year (in ₹).
  29. 29.Find the amount when ₹10000 is invested at 5% per year compound interest for 2 years (in ₹).
  30. 30.Find the compound interest on ₹33625 at 20% per year for 3 years, added every year (in ₹).
  31. 31.Find the amount when ₹32000 is invested at 10% per year compound interest for 3 years (in ₹).
  32. 32.Find the compound interest on ₹47500 at 4% per year for 2 years, added every year (in ₹).
  33. 33.Find the amount when ₹23750 is invested at 8% per year compound interest for 2 years (in ₹).
  34. 34.Find the compound interest on ₹24375 at 4% per year for 2 years, added every year (in ₹).
  35. 35.Find the compound interest on ₹35675 at 20% per year for 2 years, added every year (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹22800 at 5% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  38. 38.Find the compound interest on ₹5625 at 4% per year for 2 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹35600 at 10% per year for 2 years, added every year (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?

Answer key

  1. 320
  2. 20280
  3. 1655
  4. 2275
  5. 72
  6. 36162
  7. 16668
  8. 43904
  9. 49247
  10. 12174
  11. 9
  12. 145
  13. 288
  14. 10584
  15. 3783
  16. 35152
  17. 48
  18. 312
  19. 8855
  20. 15860
  21. 4167
  22. 5408
  23. 47628
  24. 7290
  25. 4264
  26. 49197
  27. 1360
  28. 1189
  29. 11025
  30. 24479
  31. 42592
  32. 3876
  33. 27702
  34. 1989
  35. 15697
  36. 57
  37. 21952
  38. 459
  39. 7476
  40. 60

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