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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 45 · 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 ₹37600 at 25% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹20800 is invested at 25% per year compound interest for 3 years (in ₹).
  3. 3.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  4. 4.Find the amount when ₹1250 is invested at 20% per year compound interest for 3 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹41200 at 20% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹47925 at 20% per year for 2 years, added every year (in ₹).
  7. 7.Find the compound interest on ₹23125 at 4% per year for 2 years, added every year (in ₹).
  8. 8.Find the amount when ₹25600 is invested at 5% per year compound interest for 2 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹4800 at 25% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹2800 at 15% per year for 2 years (in ₹)?
  12. 12.Find the compound interest on ₹20400 at 5% per year for 2 years, added every year (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹44800 at 25% per year for 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹3500 at 20% per year for 2 years (in ₹)?
  15. 15.Find the amount when ₹15000 is invested at 4% per year compound interest for 2 years (in ₹).
  16. 16.Find the amount when ₹39150 is invested at 20% per year compound interest for 2 years (in ₹).
  17. 17.Find the amount when ₹11600 is invested at 15% per year compound interest for 2 years (in ₹).
  18. 18.Find the compound interest on ₹18000 at 20% per year for 2 years, added every year (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹18400 at 20% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹14000 at 10% per year for 3 years, added every year (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹4200 at 10% per year for 2 years (in ₹)?
  22. 22.Find the amount when ₹26875 is invested at 4% per year compound interest for 2 years (in ₹).
  23. 23.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  25. 25.Find the compound interest on ₹42500 at 10% per year for 2 years, added every year (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹45200 at 5% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  28. 28.Find the compound interest on ₹48750 at 12% per year for 2 years, added every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹5200 at 25% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹20400 at 5% per year for 2 years (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹22400 at 25% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹11000 at 20% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹46600 at 20% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹45700 is invested at 10% per year compound interest for 2 years (in ₹).
  38. 38.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹7225 at 20% per year for 2 years, added every year (in ₹).
  40. 40.Find the amount when ₹21200 is invested at 5% per year compound interest for 2 years (in ₹).

Answer key

  1. 2350
  2. 40625
  3. 5044
  4. 2160
  5. 1648
  6. 21087
  7. 1887
  8. 28224
  9. 300
  10. 12
  11. 63
  12. 2091
  13. 2800
  14. 140
  15. 16224
  16. 56376
  17. 15341
  18. 7920
  19. 736
  20. 4634
  21. 42
  22. 29068
  23. 1951
  24. 4167
  25. 8925
  26. 113
  27. 17576
  28. 12402
  29. 325
  30. 7566
  31. 272
  32. 12501
  33. 51
  34. 1400
  35. 440
  36. 1864
  37. 55297
  38. 4058
  39. 3179
  40. 23373

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