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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 552 · 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 ₹41000 is invested at 10% per year compound interest for 3 years (in ₹).
  2. 2.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  3. 3.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹12500 at 12% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹14800 at 5% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹28000 at 5% per year for 2 years (in ₹)?
  7. 7.Find the compound interest on ₹42800 at 5% per year for 2 years, added every year (in ₹).
  8. 8.Find the amount when ₹34375 is invested at 4% per year compound interest for 2 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹8400 at 5% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  11. 11.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  12. 12.Find the compound interest on ₹10125 at 20% per year for 3 years, added every year (in ₹).
  13. 13.Find the compound interest on ₹3700 at 10% per year for 2 years, added every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹23200 at 5% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹34600 at 10% per year for 2 years, added every year (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹48100 at 20% per year for 2 years (in ₹)?
  17. 17.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  18. 18.Find the compound interest on ₹20625 at 8% per year for 2 years, added every year (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹5600 at 5% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹35000 at 10% per year for 2 years, added every year (in ₹).
  21. 21.Find the amount when ₹46800 is invested at 20% per year compound interest for 2 years (in ₹).
  22. 22.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  23. 23.Find the amount when ₹625 is invested at 8% per year compound interest for 2 years (in ₹).
  24. 24.Find the amount when ₹16800 is invested at 20% per year compound interest for 2 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹19600 at 15% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹625 is invested at 12% per year compound interest for 2 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹25200 at 10% per year for 2 years (in ₹)?
  28. 28.What is the difference between the compound interest and the simple interest on ₹40800 at 15% per year for 2 years (in ₹)?
  29. 29.Find the compound interest on ₹31250 at 8% per year for 2 years, added every year (in ₹).
  30. 30.Find the amount when ₹9984 is invested at 25% per year compound interest for 2 years (in ₹).
  31. 31.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹34400 at 15% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹9408 is invested at 25% per year compound interest for 3 years (in ₹).
  34. 34.Find the amount when ₹16325 is invested at 20% per year compound interest for 2 years (in ₹).
  35. 35.Find the amount when ₹20032 is invested at 25% per year compound interest for 3 years (in ₹).
  36. 36.Find the amount when ₹24375 is invested at 12% per year compound interest for 2 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹45600 at 15% per year for 2 years (in ₹)?
  38. 38.Find the amount when ₹11500 is invested at 20% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  40. 40.Find the compound interest on ₹6875 at 8% per year for 2 years, added every year (in ₹).

Answer key

  1. 54571
  2. 5044
  3. 12654
  4. 180
  5. 37
  6. 70
  7. 4387
  8. 37180
  9. 21
  10. 35152
  11. 24334
  12. 7371
  13. 777
  14. 58
  15. 7266
  16. 1924
  17. 17576
  18. 3432
  19. 14
  20. 7350
  21. 67392
  22. 6327
  23. 729
  24. 24192
  25. 441
  26. 784
  27. 252
  28. 918
  29. 5200
  30. 15600
  31. 4167
  32. 774
  33. 18375
  34. 23508
  35. 39125
  36. 30576
  37. 1026
  38. 16560
  39. 55566
  40. 1144

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