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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 507 · 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 ₹12000 at 15% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹46250 is invested at 8% per year compound interest for 2 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹48800 at 5% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
  5. 5.Find the compound interest on ₹49000 at 10% per year for 3 years, added every year (in ₹).
  6. 6.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
  7. 7.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹21700 at 20% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹6400 at 15% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹48625 at 20% per year for 3 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹2500 at 8% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹32200 at 20% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹10400 at 15% per year for 2 years (in ₹)?
  16. 16.What is the difference between the compound interest and the simple interest on ₹2400 at 15% per year for 2 years (in ₹)?
  17. 17.Find the amount when ₹17024 is invested at 25% per year compound interest for 3 years (in ₹).
  18. 18.Find the amount when ₹22500 is invested at 12% per year compound interest for 2 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹17152 is invested at 25% per year compound interest for 3 years (in ₹).
  21. 21.Find the compound interest on ₹47000 at 20% per year for 3 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹19600 at 5% per year for 2 years (in ₹)?
  23. 23.Find the compound interest on ₹22784 at 25% per year for 3 years, added every year (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹6800 at 15% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹11984 at 25% per year for 2 years, added every year (in ₹).
  26. 26.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹12800 at 20% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹4050 at 20% per year for 2 years, added every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹41100 at 20% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹20000 at 8% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹20400 at 5% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹24000 is invested at 10% per year compound interest for 3 years (in ₹).
  34. 34.Find the amount when ₹6875 is invested at 20% per year compound interest for 3 years (in ₹).
  35. 35.Find the amount when ₹24800 is invested at 5% per year compound interest for 2 years (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹11200 at 15% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹6700 is invested at 10% per year compound interest for 2 years (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹42800 at 5% per year for 2 years (in ₹)?
  39. 39.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  40. 40.Find the compound interest on ₹48400 at 15% per year for 2 years, added every year (in ₹).

Answer key

  1. 270
  2. 53946
  3. 122
  4. 59049
  5. 16219
  6. 6305
  7. 18522
  8. 868
  9. 144
  10. 35399
  11. 16
  12. 24
  13. 16668
  14. 1288
  15. 234
  16. 54
  17. 33250
  18. 28224
  19. 28
  20. 33500
  21. 34216
  22. 49
  23. 21716
  24. 153
  25. 6741
  26. 37044
  27. 512
  28. 1782
  29. 1644
  30. 128
  31. 21952
  32. 51
  33. 31944
  34. 11880
  35. 27342
  36. 252
  37. 8107
  38. 107
  39. 19683
  40. 15609

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