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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 590 · 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 compound interest on ₹40000 at 5% per year for 3 years, added every year (in ₹).
  2. 2.Find the amount when ₹45040 is invested at 25% per year compound interest for 2 years (in ₹).
  3. 3.Find the amount when ₹48750 is invested at 8% per year compound interest for 2 years (in ₹).
  4. 4.Find the compound interest on ₹9100 at 10% per year for 2 years, added every year (in ₹).
  5. 5.Find the compound interest on ₹250 at 20% per year for 3 years, added every year (in ₹).
  6. 6.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  7. 7.What is the difference between the compound interest and the simple interest on ₹10400 at 15% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹49700 at 20% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹34400 is invested at 5% per year compound interest for 2 years (in ₹).
  10. 10.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹34000 at 5% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹22100 at 20% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹26300 at 20% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  15. 15.Find the amount when ₹24800 is invested at 10% per year compound interest for 2 years (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹25200 at 10% per year for 2 years (in ₹)?
  17. 17.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹15000 at 12% per year for 2 years (in ₹)?
  19. 19.What is the difference between the compound interest and the simple interest on ₹43000 at 10% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹28900 at 10% per year for 2 years, added every year (in ₹).
  21. 21.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹30816 is invested at 25% per year compound interest for 2 years (in ₹).
  24. 24.Find the amount when ₹39525 is invested at 20% per year compound interest 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.What is the difference between the compound interest and the simple interest on ₹6800 at 5% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹34800 at 15% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹7500 at 12% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  31. 31.Find the compound interest on ₹10200 at 20% per year for 2 years, added every year (in ₹).
  32. 32.Find the amount when ₹11800 is invested at 20% per year compound interest for 2 years (in ₹).
  33. 33.Find the compound interest on ₹26500 at 10% per year for 2 years, added every year (in ₹).
  34. 34.Find the amount when ₹5625 is invested at 4% per year compound interest for 2 years (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹46000 is invested at 5% per year compound interest for 2 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹42400 at 15% per year for 2 years (in ₹)?
  38. 38.Find the compound interest on ₹27120 at 25% per year for 2 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹11000 at 20% per year for 2 years (in ₹)?

Answer key

  1. 6305
  2. 70375
  3. 56862
  4. 1911
  5. 182
  6. 48
  7. 234
  8. 1988
  9. 37926
  10. 27783
  11. 85
  12. 884
  13. 1052
  14. 3783
  15. 30008
  16. 252
  17. 12174
  18. 216
  19. 430
  20. 6069
  21. 9261
  22. 72
  23. 48150
  24. 56916
  25. 36501
  26. 17
  27. 43904
  28. 783
  29. 108
  30. 6327
  31. 4488
  32. 16992
  33. 5565
  34. 6084
  35. 32
  36. 50715
  37. 954
  38. 15255
  39. 4058
  40. 440

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