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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 416 · 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 ₹48400 at 15% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹43100 at 10% per year for 2 years (in ₹)?
  3. 3.What is the difference between the compound interest and the simple interest on ₹8500 at 20% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹12950 is invested at 20% per year compound interest for 2 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹48800 at 10% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹17600 at 5% per year for 2 years (in ₹)?
  7. 7.Find the compound interest on ₹21008 at 25% per year for 2 years, added every year (in ₹).
  8. 8.Find the compound interest on ₹34375 at 12% per year for 2 years, added every year (in ₹).
  9. 9.Find the compound interest on ₹43600 at 5% per year for 2 years, added every year (in ₹).
  10. 10.Find the compound interest on ₹45000 at 8% per year for 2 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹16800 is invested at 5% per year compound interest for 2 years (in ₹).
  13. 13.Find the amount when ₹40750 is invested at 20% per year compound interest for 3 years (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹10800 at 5% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
  16. 16.What is the difference between the compound interest and the simple interest on ₹35600 at 15% per year for 2 years (in ₹)?
  17. 17.Find the amount when ₹7500 is invested at 4% per year compound interest for 2 years (in ₹).
  18. 18.Find the compound interest on ₹8750 at 8% per year for 2 years, added every year (in ₹).
  19. 19.Find the compound interest on ₹6000 at 10% per year for 3 years, added every year (in ₹).
  20. 20.Find the amount when ₹45625 is invested at 8% per year compound interest for 2 years (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹11700 at 10% per year for 2 years (in ₹)?
  22. 22.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  23. 23.Find the compound interest on ₹19500 at 10% per year for 2 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹30000 at 12% per year for 2 years, added every year (in ₹).
  25. 25.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹21000 at 10% per year for 2 years (in ₹)?
  27. 27.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  28. 28.Find the compound interest on ₹27200 at 25% per year for 3 years, added every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹26400 at 25% per year for 2 years (in ₹)?
  30. 30.Find the amount when ₹35200 is invested at 25% per year compound interest for 2 years (in ₹).
  31. 31.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  32. 32.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (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 ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  35. 35.Find the amount when ₹21100 is invested at 10% per year compound interest for 2 years (in ₹).
  36. 36.Find the compound interest on ₹7500 at 8% per year for 2 years, added every year (in ₹).
  37. 37.Find the compound interest on ₹15616 at 25% per year for 2 years, added every year (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹29200 at 5% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹6900 at 10% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹43600 is invested at 15% per year compound interest for 2 years (in ₹).

Answer key

  1. 1089
  2. 431
  3. 340
  4. 18648
  5. 488
  6. 44
  7. 11817
  8. 8745
  9. 4469
  10. 7488
  11. 52
  12. 18522
  13. 70416
  14. 27
  15. 216
  16. 801
  17. 8112
  18. 1456
  19. 1986
  20. 53217
  21. 117
  22. 1261
  23. 4095
  24. 7632
  25. 55566
  26. 210
  27. 20835
  28. 25925
  29. 1650
  30. 55000
  31. 43904
  32. 39366
  33. 12167
  34. 19683
  35. 25531
  36. 1248
  37. 8784
  38. 73
  39. 69
  40. 57661

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