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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 438 · 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 ₹13200 at 15% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  3. 3.Find the compound interest on ₹19375 at 4% per year for 2 years, added every year (in ₹).
  4. 4.Find the amount when ₹17200 is invested at 15% per year compound interest for 2 years (in ₹).
  5. 5.Find the amount when ₹37000 is invested at 10% per year compound interest for 3 years (in ₹).
  6. 6.What is the difference between the compound interest and the simple interest on ₹27000 at 10% per year for 2 years (in ₹)?
  7. 7.Find the compound interest on ₹29800 at 10% per year for 2 years, added every year (in ₹).
  8. 8.Find the amount when ₹27000 is invested at 10% per year compound interest for 3 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹14800 at 15% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹24192 is invested at 25% per year compound interest for 3 years (in ₹).
  11. 11.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹13200 at 10% per year for 2 years (in ₹)?
  13. 13.Find the amount when ₹2400 is invested at 10% per year compound interest for 2 years (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹1200 at 15% per year for 2 years (in ₹)?
  15. 15.Find the amount when ₹41000 is invested at 10% per year compound interest for 3 years (in ₹).
  16. 16.Find the compound interest on ₹12925 at 20% per year for 2 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹37500 at 12% per year for 2 years, added every year (in ₹).
  18. 18.Find the compound interest on ₹5000 at 8% per year for 2 years, added every year (in ₹).
  19. 19.Find the amount when ₹2500 is invested at 12% per year compound interest for 2 years (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹29000 at 20% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  22. 22.Find the amount when ₹36800 is invested at 10% per year compound interest for 2 years (in ₹).
  23. 23.Find the compound interest on ₹23500 at 10% per year for 2 years, added every year (in ₹).
  24. 24.Find the amount when ₹625 is invested at 8% per year compound interest for 2 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹41600 at 25% per year for 2 years (in ₹)?
  26. 26.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  27. 27.Find the compound interest on ₹33856 at 25% per year for 2 years, added every year (in ₹).
  28. 28.Find the compound interest on ₹3000 at 10% per year for 3 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
  30. 30.Find the compound interest on ₹24128 at 25% per year for 3 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹48750 at 20% per year for 3 years, added every year (in ₹).
  34. 34.Find the compound interest on ₹6048 at 25% per year for 2 years, added every year (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹13200 at 25% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  37. 37.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).

Answer key

  1. 297
  2. 27783
  3. 1581
  4. 22747
  5. 49247
  6. 270
  7. 6258
  8. 35937
  9. 333
  10. 47250
  11. 21952
  12. 132
  13. 2904
  14. 27
  15. 54571
  16. 5687
  17. 9540
  18. 832
  19. 3136
  20. 1160
  21. 35152
  22. 44528
  23. 4935
  24. 729
  25. 2600
  26. 240
  27. 19044
  28. 993
  29. 12501
  30. 22997
  31. 28
  32. 8116
  33. 35490
  34. 3402
  35. 825
  36. 43904
  37. 52728
  38. 360
  39. 48
  40. 31944

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