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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 565 · 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 ₹5300 at 10% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹21875 is invested at 4% per year compound interest for 2 years (in ₹).
  3. 3.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  4. 4.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹14100 at 20% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹36250 is invested at 12% per year compound interest for 2 years (in ₹).
  7. 7.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹19900 at 10% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹29056 at 25% per year for 3 years, added every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹20000 at 12% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹28400 is invested at 15% per year compound interest for 2 years (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹33600 at 5% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹17000 is invested at 10% per year compound interest for 3 years (in ₹).
  15. 15.Find the amount when ₹40000 is invested at 4% per year compound interest for 2 years (in ₹).
  16. 16.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  17. 17.Find the amount when ₹20625 is invested at 8% per year compound interest for 2 years (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  20. 20.Find the amount when ₹33750 is invested at 4% per year compound interest for 2 years (in ₹).
  21. 21.Find the compound interest on ₹23888 at 25% per year for 2 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹34200 at 20% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹38400 is invested at 5% per year compound interest for 2 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹10800 at 25% per year for 2 years (in ₹)?
  25. 25.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  26. 26.Find the compound interest on ₹6656 at 25% per year for 3 years, added every year (in ₹).
  27. 27.Find the amount when ₹38125 is invested at 20% per year compound interest for 3 years (in ₹).
  28. 28.Find the compound interest on ₹30400 at 5% per year for 2 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹35800 at 20% per year for 2 years (in ₹)?
  31. 31.Find the compound interest on ₹39375 at 8% per year for 2 years, added every year (in ₹).
  32. 32.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  33. 33.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  34. 34.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  35. 35.Find the amount when ₹29275 is invested at 20% per year compound interest for 2 years (in ₹).
  36. 36.Find the amount when ₹4000 is invested at 20% per year compound interest for 2 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹17500 at 4% per year for 2 years (in ₹)?
  38. 38.Find the amount when ₹30400 is invested at 5% per year compound interest for 2 years (in ₹).
  39. 39.Find the compound interest on ₹44675 at 20% per year for 2 years, added every year (in ₹).
  40. 40.Find the compound interest on ₹27125 at 20% per year for 3 years, added every year (in ₹).

Answer key

  1. 53
  2. 23660
  3. 21952
  4. 5853
  5. 564
  6. 45472
  7. 25002
  8. 199
  9. 27694
  10. 288
  11. 37559
  12. 84
  13. 24
  14. 22627
  15. 43264
  16. 65856
  17. 24057
  18. 256
  19. 35152
  20. 36504
  21. 13437
  22. 1368
  23. 42336
  24. 675
  25. 36501
  26. 6344
  27. 65880
  28. 3116
  29. 12174
  30. 1432
  31. 6552
  32. 4058
  33. 12167
  34. 4167
  35. 42156
  36. 5760
  37. 28
  38. 33516
  39. 19657
  40. 19747

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