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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 557 · 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 ₹41200 at 15% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹12032 is invested at 25% per year compound interest for 3 years (in ₹).
  3. 3.Find the amount when ₹16400 is invested at 5% per year compound interest for 2 years (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹18500 at 20% per year for 2 years (in ₹)?
  5. 5.What is the difference between the compound interest and the simple interest on ₹10500 at 20% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹2000 is invested at 10% per year compound interest for 3 years (in ₹).
  7. 7.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  8. 8.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
  9. 9.Find the amount when ₹37500 is invested at 10% per year compound interest for 2 years (in ₹).
  10. 10.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  11. 11.Find the amount when ₹37000 is invested at 10% per year compound interest for 3 years (in ₹).
  12. 12.Find the compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
  13. 13.Find the amount when ₹13632 is invested at 25% per year compound interest for 3 years (in ₹).
  14. 14.Find the amount when ₹12750 is invested at 20% per year compound interest for 2 years (in ₹).
  15. 15.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  16. 16.Find the amount when ₹45000 is invested at 10% per year compound interest for 3 years (in ₹).
  17. 17.Find the amount when ₹6528 is invested at 25% per year compound interest for 3 years (in ₹).
  18. 18.Find the amount when ₹20000 is invested at 20% per year compound interest for 3 years (in ₹).
  19. 19.Find the amount when ₹28125 is invested at 20% per year compound interest for 3 years (in ₹).
  20. 20.Find the amount when ₹40075 is invested at 20% per year compound interest for 2 years (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  22. 22.What is the difference between the compound interest and the simple interest on ₹37600 at 5% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  24. 24.Find the compound interest on ₹7600 at 15% per year for 2 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹8800 at 25% per year for 2 years (in ₹)?
  26. 26.What is the difference between the compound interest and the simple interest on ₹39600 at 5% per year for 2 years (in ₹)?
  27. 27.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
  28. 28.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹30000 at 12% per year for 2 years (in ₹)?
  31. 31.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
  32. 32.Find the amount when ₹11875 is invested at 12% per year compound interest for 2 years (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹27500 at 8% per year for 2 years (in ₹)?
  34. 34.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  35. 35.Find the compound interest on ₹3600 at 5% per year for 2 years, added every year (in ₹).
  36. 36.Find the compound interest on ₹42800 at 25% per year for 2 years, added every year (in ₹).
  37. 37.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  38. 38.Find the amount when ₹21000 is invested at 10% per year compound interest for 3 years (in ₹).
  39. 39.Find the compound interest on ₹45696 at 25% per year for 3 years, added every year (in ₹).
  40. 40.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).

Answer key

  1. 927
  2. 23500
  3. 18081
  4. 740
  5. 420
  6. 2662
  7. 65856
  8. 5853
  9. 45375
  10. 36501
  11. 49247
  12. 6305
  13. 26625
  14. 18360
  15. 1951
  16. 59895
  17. 12750
  18. 34560
  19. 48600
  20. 57708
  21. 272
  22. 94
  23. 27783
  24. 2451
  25. 550
  26. 99
  27. 108
  28. 80
  29. 504
  30. 432
  31. 8334
  32. 14896
  33. 176
  34. 25002
  35. 369
  36. 24075
  37. 19683
  38. 27951
  39. 43554
  40. 17576

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