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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 555 · 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 ₹26125 at 20% per year for 3 years, added every year (in ₹).
  2. 2.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  4. 4.What is the difference between the compound interest and the simple interest on ₹23600 at 15% per year for 2 years (in ₹)?
  5. 5.Find the compound interest on ₹35000 at 10% per year for 3 years, added every year (in ₹).
  6. 6.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  7. 7.Find the compound interest on ₹32896 at 25% per year for 3 years, added every year (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹41600 at 5% per year for 2 years, added every year (in ₹).
  10. 10.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹36800 at 15% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹31250 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 ₹18800 at 5% per year for 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹24800 at 15% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹10900 at 20% per year for 2 years (in ₹)?
  16. 16.Find the amount when ₹18925 is invested at 20% per year compound interest for 2 years (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
  18. 18.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  19. 19.Find the amount when ₹39975 is invested at 20% per year compound interest for 2 years (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹8750 is invested at 4% per year compound interest for 2 years (in ₹).
  22. 22.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  23. 23.Find the compound interest on ₹48000 at 15% per year for 2 years, added every year (in ₹).
  24. 24.Find the amount when ₹14375 is invested at 12% per year compound interest for 2 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹32500 at 8% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹39600 at 10% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹42500 at 12% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹44000 is invested at 5% per year compound interest for 2 years (in ₹).
  32. 32.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  33. 33.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  34. 34.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  35. 35.Find the compound interest on ₹20125 at 20% per year for 2 years, added every year (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹29200 at 15% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  38. 38.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  39. 39.Find the compound interest on ₹49050 at 20% per year for 2 years, added every year (in ₹).
  40. 40.Find the amount when ₹34975 is invested at 20% per year compound interest for 2 years (in ₹).

Answer key

  1. 19019
  2. 39366
  3. 48
  4. 531
  5. 11585
  6. 6327
  7. 31354
  8. 240
  9. 4264
  10. 12501
  11. 828
  12. 43904
  13. 47
  14. 558
  15. 436
  16. 27252
  17. 28
  18. 18981
  19. 57564
  20. 540
  21. 9464
  22. 3902
  23. 15480
  24. 18032
  25. 320
  26. 24334
  27. 208
  28. 8334
  29. 396
  30. 612
  31. 48510
  32. 46305
  33. 8116
  34. 37044
  35. 8855
  36. 657
  37. 18522
  38. 52728
  39. 21582
  40. 50364

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