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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 431 · 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 ₹30100 at 10% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹22500 is invested at 8% per year compound interest for 2 years (in ₹).
  3. 3.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹30600 at 10% per year for 2 years (in ₹)?
  5. 5.Find the compound interest on ₹17200 at 15% per year for 2 years, added every year (in ₹).
  6. 6.What is the difference between the compound interest and the simple interest on ₹13600 at 5% per year for 2 years (in ₹)?
  7. 7.Find the compound interest on ₹43125 at 4% per year for 2 years, added every year (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹40000 at 15% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹15000 at 8% per year for 2 years, added every year (in ₹).
  11. 11.Find the compound interest on ₹40000 at 15% per year for 2 years, added every year (in ₹).
  12. 12.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  13. 13.Find the amount when ₹17100 is invested at 10% per year compound interest for 2 years (in ₹).
  14. 14.Find the amount when ₹18400 is invested at 10% per year compound interest for 2 years (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹32400 at 10% per year for 2 years (in ₹)?
  16. 16.What is the difference between the compound interest and the simple interest on ₹41400 at 10% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹26400 at 5% per year for 2 years (in ₹)?
  18. 18.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
  19. 19.Find the amount when ₹43125 is invested at 12% per year compound interest for 2 years (in ₹).
  20. 20.Find the amount when ₹3125 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 ₹20800 at 25% per year for 2 years (in ₹)?
  22. 22.Find the amount when ₹7500 is invested at 4% per year compound interest for 2 years (in ₹).
  23. 23.Find the amount when ₹28600 is invested at 20% per year compound interest for 2 years (in ₹).
  24. 24.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  25. 25.Find the amount when ₹42400 is invested at 5% per year compound interest for 2 years (in ₹).
  26. 26.Find the compound interest on ₹13125 at 4% per year for 2 years, added every year (in ₹).
  27. 27.Find the amount when ₹28700 is invested at 10% per year compound interest for 2 years (in ₹).
  28. 28.Find the amount when ₹29800 is invested at 10% per year compound interest for 2 years (in ₹).
  29. 29.Find the amount when ₹44100 is invested at 10% per year compound interest for 2 years (in ₹).
  30. 30.Find the compound interest on ₹46200 at 10% per year for 2 years, added every year (in ₹).
  31. 31.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹10800 at 15% per year for 2 years (in ₹)?
  33. 33.Find the compound interest on ₹41250 at 4% per year for 2 years, added every year (in ₹).
  34. 34.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
  36. 36.Find the compound interest on ₹44000 at 20% per year for 3 years, added every year (in ₹).
  37. 37.Find the amount when ₹24800 is invested at 5% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹5000 is invested at 8% per year compound interest for 2 years (in ₹).
  39. 39.Find the compound interest on ₹31000 at 10% per year for 3 years, added every year (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹22400 at 5% per year for 2 years (in ₹)?

Answer key

  1. 301
  2. 26244
  3. 1261
  4. 306
  5. 5547
  6. 34
  7. 3519
  8. 900
  9. 112
  10. 2496
  11. 12900
  12. 39366
  13. 20691
  14. 22264
  15. 324
  16. 414
  17. 66
  18. 6305
  19. 54096
  20. 3645
  21. 1300
  22. 8112
  23. 41184
  24. 46305
  25. 46746
  26. 1071
  27. 34727
  28. 36058
  29. 53361
  30. 9702
  31. 9261
  32. 243
  33. 3366
  34. 5044
  35. 216
  36. 32032
  37. 27342
  38. 5832
  39. 10261
  40. 56

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