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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 458 · 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.Find the amount when ₹7000 is invested at 10% per year compound interest for 3 years (in ₹).
  2. 2.Find the amount when ₹13600 is invested at 15% per year compound interest for 2 years (in ₹).
  3. 3.Find the compound interest on ₹6875 at 8% per year for 2 years, added every year (in ₹).
  4. 4.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹9600 at 25% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹7500 is invested at 4% per year compound interest for 2 years (in ₹).
  7. 7.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  8. 8.Find the compound interest on ₹4650 at 20% per year for 2 years, added every year (in ₹).
  9. 9.Find the compound interest on ₹24880 at 25% per year for 2 years, added every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹29500 at 20% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹32300 at 20% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹42000 is invested at 10% per year compound interest for 3 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹35000 at 4% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹3200 at 5% per year for 2 years (in ₹)?
  16. 16.Find the compound interest on ₹6875 at 12% per year for 2 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  18. 18.Find the amount when ₹6875 is invested at 4% per year compound interest for 2 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹45000 at 4% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹16224 is invested at 25% per year compound interest for 2 years (in ₹).
  21. 21.Find the compound interest on ₹45750 at 20% per year for 2 years, added every year (in ₹).
  22. 22.Find the compound interest on ₹1725 at 20% per year for 2 years, added every year (in ₹).
  23. 23.Find the amount when ₹12000 is invested at 10% per year compound interest for 3 years (in ₹).
  24. 24.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹47500 at 8% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  27. 27.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹10800 at 25% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹2400 at 5% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹15000 at 20% per year for 3 years, added every year (in ₹).
  31. 31.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  32. 32.Find the compound interest on ₹625 at 8% per year for 2 years, added every year (in ₹).
  33. 33.Find the amount when ₹26800 is invested at 10% per year compound interest for 2 years (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹8300 at 20% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹25200 at 15% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹23000 at 20% per year for 2 years (in ₹)?
  37. 37.Find the compound interest on ₹12500 at 8% per year for 2 years, added every year (in ₹).
  38. 38.Find the amount when ₹40625 is invested at 8% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹44400 is invested at 15% per year compound interest for 2 years (in ₹).
  40. 40.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).

Answer key

  1. 9317
  2. 17986
  3. 1144
  4. 4058
  5. 600
  6. 8112
  7. 4167
  8. 2046
  9. 13995
  10. 1180
  11. 1292
  12. 55902
  13. 256
  14. 56
  15. 8
  16. 1749
  17. 2522
  18. 7436
  19. 72
  20. 25350
  21. 20130
  22. 759
  23. 15972
  24. 8116
  25. 304
  26. 37044
  27. 25002
  28. 675
  29. 6
  30. 10920
  31. 3902
  32. 104
  33. 32428
  34. 332
  35. 567
  36. 920
  37. 2080
  38. 47385
  39. 58719
  40. 18522

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