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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 553 · 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 compound interest on ₹21000 at 10% per year for 3 years, added every year (in ₹).
  2. 2.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹33000 at 20% per year for 2 years, added every year (in ₹).
  5. 5.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  6. 6.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
  7. 7.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
  8. 8.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹8800 at 25% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹44375 is invested at 12% per year compound interest for 2 years (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹47200 at 15% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹15400 at 10% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹27968 at 25% per year for 3 years, added every year (in ₹).
  16. 16.Find the amount when ₹11500 is invested at 10% per year compound interest for 2 years (in ₹).
  17. 17.Find the compound interest on ₹35200 at 5% per year for 2 years, added every year (in ₹).
  18. 18.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  19. 19.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹39600 at 5% per year for 2 years (in ₹)?
  21. 21.What is the difference between the compound interest and the simple interest on ₹28800 at 20% per year for 2 years (in ₹)?
  22. 22.Find the amount when ₹30000 is invested at 15% per year compound interest for 2 years (in ₹).
  23. 23.Find the compound interest on ₹42600 at 20% per year for 2 years, added every year (in ₹).
  24. 24.Find the amount when ₹6000 is invested at 10% per year compound interest for 3 years (in ₹).
  25. 25.Find the amount when ₹35625 is invested at 12% per year compound interest for 2 years (in ₹).
  26. 26.Find the compound interest on ₹9375 at 4% per year for 2 years, added every year (in ₹).
  27. 27.Find the amount when ₹50000 is invested at 8% per year compound interest for 2 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹47500 at 12% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹6450 at 20% per year for 2 years, added every year (in ₹).
  31. 31.Find the compound interest on ₹34880 at 25% per year for 3 years, added every year (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹48125 is invested at 4% per year compound interest for 2 years (in ₹).
  34. 34.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹48700 at 10% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹20000 at 12% per year for 2 years (in ₹)?
  37. 37.Find the compound interest on ₹43750 at 4% per year for 2 years, added every year (in ₹).
  38. 38.Find the compound interest on ₹27625 at 20% per year for 3 years, added every year (in ₹).
  39. 39.What is the difference between the compound interest and the simple interest on ₹34900 at 20% per year for 2 years (in ₹)?
  40. 40.Find the compound interest on ₹3400 at 10% per year for 2 years, added every year (in ₹).

Answer key

  1. 6951
  2. 4167
  3. 60
  4. 14520
  5. 43904
  6. 72
  7. 6305
  8. 3783
  9. 550
  10. 55664
  11. 1062
  12. 65856
  13. 154
  14. 4058
  15. 26657
  16. 13915
  17. 3608
  18. 37044
  19. 52728
  20. 99
  21. 1152
  22. 39675
  23. 18744
  24. 7986
  25. 44688
  26. 765
  27. 58320
  28. 12
  29. 684
  30. 2838
  31. 33245
  32. 24
  33. 52052
  34. 46305
  35. 487
  36. 288
  37. 3570
  38. 20111
  39. 1396
  40. 714

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