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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 56 · 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 ₹22800 is invested at 15% per year compound interest for 2 years (in ₹).
  2. 2.Find the compound interest on ₹44288 at 25% per year for 3 years, added every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹37000 at 10% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹47500 is invested at 8% per year compound interest for 2 years (in ₹).
  5. 5.Find the amount when ₹11200 is invested at 10% per year compound interest for 2 years (in ₹).
  6. 6.Find the amount when ₹23975 is invested at 20% per year compound interest for 2 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹37200 at 10% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹27500 at 4% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹32500 at 8% per year for 2 years, added every year (in ₹).
  11. 11.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹44800 at 25% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹46000 at 10% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹31000 at 10% per year for 3 years, added every year (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹32000 at 5% per year for 2 years (in ₹)?
  16. 16.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
  17. 17.Find the compound interest on ₹29375 at 12% per year for 2 years, added every year (in ₹).
  18. 18.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  19. 19.Find the amount when ₹31875 is invested at 12% per year compound interest for 2 years (in ₹).
  20. 20.Find the amount when ₹4625 is invested at 20% per year compound interest for 3 years (in ₹).
  21. 21.Find the amount when ₹18750 is invested at 12% per year compound interest for 2 years (in ₹).
  22. 22.Find the compound interest on ₹39375 at 12% per year for 2 years, added every year (in ₹).
  23. 23.Find the compound interest on ₹11000 at 10% per year for 3 years, added every year (in ₹).
  24. 24.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  25. 25.Find the compound interest on ₹18400 at 15% per year for 2 years, added every year (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹22800 at 25% per year for 2 years (in ₹)?
  27. 27.What is the difference between the compound interest and the simple interest on ₹1600 at 5% per year for 2 years (in ₹)?
  28. 28.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
  29. 29.Find the compound interest on ₹33600 at 10% per year for 2 years, added every year (in ₹).
  30. 30.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹27200 at 25% per year for 2 years (in ₹)?
  32. 32.Find the compound interest on ₹14480 at 25% per year for 2 years, added every year (in ₹).
  33. 33.Find the compound interest on ₹33000 at 20% per year for 3 years, added every year (in ₹).
  34. 34.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹24300 at 10% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹14400 at 25% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹2400 is invested at 5% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹6250 is invested at 12% per year compound interest for 2 years (in ₹).
  39. 39.Find the compound interest on ₹38750 at 8% per year for 2 years, added every year (in ₹).
  40. 40.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).

Answer key

  1. 30153
  2. 42212
  3. 370
  4. 55404
  5. 13552
  6. 34524
  7. 372
  8. 32
  9. 44
  10. 5408
  11. 8334
  12. 2800
  13. 460
  14. 10261
  15. 80
  16. 144
  17. 7473
  18. 4058
  19. 39984
  20. 7992
  21. 23520
  22. 10017
  23. 3641
  24. 55566
  25. 5934
  26. 1425
  27. 4
  28. 48668
  29. 7056
  30. 43904
  31. 1700
  32. 8145
  33. 24024
  34. 1951
  35. 243
  36. 900
  37. 2646
  38. 7840
  39. 6448
  40. 24334

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