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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 455 · 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 ₹47500 at 12% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  3. 3.Find the compound interest on ₹10875 at 20% per year for 3 years, added every year (in ₹).
  4. 4.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
  5. 5.Find the compound interest on ₹40000 at 15% per year for 2 years, added every year (in ₹).
  6. 6.Find the amount when ₹19000 is invested at 20% per year compound interest for 3 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
  8. 8.Find the compound interest on ₹35000 at 8% per year for 2 years, added every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹24400 at 5% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹12600 at 10% per year for 2 years (in ₹)?
  11. 11.Find the compound interest on ₹50000 at 4% per year for 2 years, added every year (in ₹).
  12. 12.Find the amount when ₹15200 is invested at 20% per year compound interest for 2 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹43600 at 15% per year for 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
  15. 15.Find the amount when ₹21808 is invested at 25% per year compound interest for 2 years (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹13600 at 25% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹27500 at 12% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹40600 is invested at 10% per year compound interest for 2 years (in ₹).
  20. 20.Find the compound interest on ₹2400 at 5% per year for 2 years, added every year (in ₹).
  21. 21.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  22. 22.Find the amount when ₹15425 is invested at 20% per year compound interest for 2 years (in ₹).
  23. 23.Find the compound interest on ₹38000 at 10% per year for 3 years, added every year (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹13200 at 25% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹26800 at 20% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹28000 is invested at 10% per year compound interest for 3 years (in ₹).
  28. 28.Find the compound interest on ₹11750 at 20% per year for 3 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹800 at 5% per year for 2 years, added every year (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹20000 at 12% per year for 2 years (in ₹)?
  31. 31.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  32. 32.Find the compound interest on ₹22784 at 25% per year for 3 years, added every year (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
  34. 34.Find the compound interest on ₹36625 at 20% per year for 3 years, added every year (in ₹).
  35. 35.Find the compound interest on ₹3600 at 5% per year for 2 years, added every year (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹41200 at 5% per year for 2 years (in ₹)?
  37. 37.Find the compound interest on ₹25625 at 12% per year for 2 years, added every year (in ₹).
  38. 38.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  39. 39.Find the compound interest on ₹24000 at 5% per year for 2 years, added every year (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹47600 at 25% per year for 2 years (in ₹)?

Answer key

  1. 684
  2. 1951
  3. 7917
  4. 60835
  5. 12900
  6. 32832
  7. 80
  8. 5824
  9. 61
  10. 126
  11. 4080
  12. 21888
  13. 981
  14. 32
  15. 34075
  16. 850
  17. 24
  18. 396
  19. 49126
  20. 246
  21. 6327
  22. 22212
  23. 12578
  24. 825
  25. 3902
  26. 1072
  27. 37268
  28. 8554
  29. 82
  30. 288
  31. 20835
  32. 21716
  33. 144
  34. 26663
  35. 369
  36. 103
  37. 6519
  38. 27783
  39. 2460
  40. 2975

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