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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 588 · 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 ₹15000 at 4% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹12650 is invested at 20% per year compound interest for 2 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹34000 at 10% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹46000 at 10% per year for 3 years, added every year (in ₹).
  5. 5.Find the compound interest on ₹43200 at 10% per year for 2 years, added every year (in ₹).
  6. 6.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  7. 7.Find the compound interest on ₹5625 at 12% per year for 2 years, added every year (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹35900 at 20% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹42100 at 10% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹16200 at 10% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹20000 at 25% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹10800 at 15% per year for 2 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹2750 at 20% per year for 3 years, added every year (in ₹).
  17. 17.Find the amount when ₹24192 is invested at 25% per year compound interest for 3 years (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹34100 at 10% per year for 2 years (in ₹)?
  19. 19.Find the compound interest on ₹48125 at 20% per year for 3 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹7400 at 20% per year for 2 years (in ₹)?
  21. 21.Find the compound interest on ₹46975 at 20% per year for 2 years, added every year (in ₹).
  22. 22.Find the amount when ₹23600 is invested at 15% per year compound interest for 2 years (in ₹).
  23. 23.Find the amount when ₹2000 is invested at 15% per year compound interest for 2 years (in ₹).
  24. 24.Find the amount when ₹16000 is invested at 20% per year compound interest for 3 years (in ₹).
  25. 25.Find the compound interest on ₹450 at 20% per year for 2 years, added every year (in ₹).
  26. 26.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹24000 at 20% per year for 2 years (in ₹)?
  29. 29.Find the amount when ₹26784 is invested at 25% per year compound interest for 2 years (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹25000 at 8% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  32. 32.Find the amount when ₹15600 is invested at 15% per year compound interest for 2 years (in ₹).
  33. 33.Find the compound interest on ₹28800 at 5% per year for 2 years, added every year (in ₹).
  34. 34.Find the compound interest on ₹18125 at 4% per year for 2 years, added every year (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹42600 at 10% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹3264 is invested at 25% per year compound interest for 3 years (in ₹).
  37. 37.Find the amount when ₹10000 is invested at 8% per year compound interest for 2 years (in ₹).
  38. 38.Find the compound interest on ₹19250 at 20% per year for 3 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹39808 at 25% per year for 3 years, added every year (in ₹).
  40. 40.Find the compound interest on ₹21040 at 25% per year for 2 years, added every year (in ₹).

Answer key

  1. 24
  2. 18216
  3. 340
  4. 15226
  5. 9072
  6. 27783
  7. 1431
  8. 80
  9. 1436
  10. 421
  11. 162
  12. 1250
  13. 7566
  14. 3483
  15. 25002
  16. 2002
  17. 47250
  18. 341
  19. 35035
  20. 296
  21. 20669
  22. 31211
  23. 2645
  24. 27648
  25. 198
  26. 2522
  27. 12174
  28. 960
  29. 41850
  30. 160
  31. 52728
  32. 20631
  33. 2952
  34. 1479
  35. 426
  36. 6375
  37. 11664
  38. 14014
  39. 37942
  40. 11835

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