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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 584 · 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 ₹6800 is invested at 15% per year compound interest for 2 years (in ₹).
  2. 2.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹31000 at 20% per year for 2 years (in ₹)?
  4. 4.What is the difference between the compound interest and the simple interest on ₹45000 at 4% per year for 2 years (in ₹)?
  5. 5.Find the compound interest on ₹29375 at 4% per year for 2 years, added every year (in ₹).
  6. 6.What is the difference between the compound interest and the simple interest on ₹40800 at 20% per year for 2 years (in ₹)?
  7. 7.Find the amount when ₹4000 is invested at 15% per year compound interest for 2 years (in ₹).
  8. 8.Find the compound interest on ₹21375 at 20% per year for 3 years, added every year (in ₹).
  9. 9.Find the amount when ₹32500 is invested at 4% per year compound interest for 2 years (in ₹).
  10. 10.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
  11. 11.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  12. 12.Find the amount when ₹28400 is invested at 15% per year compound interest for 2 years (in ₹).
  13. 13.Find the compound interest on ₹28800 at 5% per year for 2 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹13750 at 8% per year for 2 years, added every year (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹7600 at 25% per year for 2 years (in ₹)?
  16. 16.Find the compound interest on ₹39936 at 25% per year for 3 years, added every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹10624 is invested at 25% per year compound interest for 3 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹33600 at 5% per year for 2 years (in ₹)?
  20. 20.What is the difference between the compound interest and the simple interest on ₹29600 at 25% per year for 2 years (in ₹)?
  21. 21.Find the compound interest on ₹47200 at 5% per year for 2 years, added every year (in ₹).
  22. 22.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  24. 24.What is the difference between the compound interest and the simple interest on ₹34000 at 5% per year for 2 years (in ₹)?
  25. 25.What is the difference between the compound interest and the simple interest on ₹27500 at 8% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  28. 28.Find the amount when ₹42500 is invested at 8% per year compound interest for 2 years (in ₹).
  29. 29.Find the amount when ₹15392 is invested at 25% per year compound interest for 2 years (in ₹).
  30. 30.Find the compound interest on ₹42560 at 25% per year for 3 years, added every year (in ₹).
  31. 31.Find the amount when ₹23600 is invested at 15% per year compound interest for 2 years (in ₹).
  32. 32.Find the amount when ₹12512 is invested at 25% per year compound interest for 2 years (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹16200 at 10% per year for 2 years (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹11600 at 25% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
  36. 36.What is the difference between the compound interest and the simple interest on ₹12500 at 8% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹12608 is invested at 25% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹3050 is invested at 20% per year compound interest for 2 years (in ₹).
  39. 39.Find the compound interest on ₹42112 at 25% per year for 3 years, added every year (in ₹).
  40. 40.Find the amount when ₹31225 is invested at 20% per year compound interest for 2 years (in ₹).

Answer key

  1. 8993
  2. 1261
  3. 1240
  4. 72
  5. 2397
  6. 1632
  7. 5290
  8. 15561
  9. 35152
  10. 60835
  11. 6327
  12. 37559
  13. 2952
  14. 2288
  15. 475
  16. 38064
  17. 540
  18. 20750
  19. 84
  20. 1850
  21. 4838
  22. 19683
  23. 80
  24. 85
  25. 176
  26. 1951
  27. 5044
  28. 49572
  29. 24050
  30. 40565
  31. 31211
  32. 19550
  33. 162
  34. 725
  35. 96
  36. 80
  37. 19700
  38. 4392
  39. 40138
  40. 44964

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