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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 596 · 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 ₹36400 at 5% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹3125 is invested at 20% per year compound interest for 3 years (in ₹).
  3. 3.What is the difference between the compound interest and the simple interest on ₹46000 at 15% per year for 2 years (in ₹)?
  4. 4.Find the compound interest on ₹7400 at 10% per year for 2 years, added every year (in ₹).
  5. 5.Find the compound interest on ₹23000 at 20% per year for 3 years, added every year (in ₹).
  6. 6.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
  7. 7.Find the amount when ₹44375 is invested at 8% per year compound interest for 2 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹40000 at 12% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹8400 at 10% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹2000 is invested at 5% per year compound interest for 2 years (in ₹).
  11. 11.Find the compound interest on ₹6656 at 25% per year for 3 years, added every year (in ₹).
  12. 12.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  13. 13.Find the compound interest on ₹23125 at 8% per year for 2 years, added every year (in ₹).
  14. 14.Find the amount when ₹37500 is invested at 4% per year compound interest for 2 years (in ₹).
  15. 15.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹39200 at 5% per year for 2 years (in ₹)?
  17. 17.Find the compound interest on ₹8000 at 5% per year for 3 years, added every year (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
  19. 19.What is the difference between the compound interest and the simple interest on ₹26800 at 25% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹24272 is invested at 25% per year compound interest for 2 years (in ₹).
  21. 21.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹24800 at 5% per year for 2 years (in ₹)?
  23. 23.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹22400 at 5% per year for 2 years (in ₹)?
  25. 25.Find the amount when ₹1875 is invested at 20% per year compound interest for 2 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹8400 at 25% per year for 2 years (in ₹)?
  27. 27.What is the difference between the compound interest and the simple interest on ₹35000 at 12% per year for 2 years (in ₹)?
  28. 28.Find the amount when ₹45200 is invested at 10% per year compound interest for 2 years (in ₹).
  29. 29.Find the compound interest on ₹13125 at 12% per year for 2 years, added every year (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹46200 at 20% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹34250 is invested at 20% per year compound interest for 3 years (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹30000 at 12% per year for 2 years (in ₹)?
  33. 33.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹44700 at 10% per year for 2 years (in ₹)?
  35. 35.Find the amount when ₹33472 is invested at 25% per year compound interest for 3 years (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹30000 at 8% 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 ₹22500 is invested at 8% per year compound interest for 2 years (in ₹).
  39. 39.What is the difference between the compound interest and the simple interest on ₹5000 at 8% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹45000 is invested at 10% per year compound interest for 3 years (in ₹).

Answer key

  1. 91
  2. 5400
  3. 1035
  4. 1554
  5. 16744
  6. 73002
  7. 51759
  8. 576
  9. 84
  10. 2205
  11. 6344
  12. 7566
  13. 3848
  14. 40560
  15. 12174
  16. 98
  17. 1261
  18. 320
  19. 1675
  20. 37925
  21. 17576
  22. 62
  23. 5044
  24. 56
  25. 2700
  26. 525
  27. 504
  28. 54692
  29. 3339
  30. 1848
  31. 59184
  32. 432
  33. 8116
  34. 447
  35. 65375
  36. 192
  37. 2646
  38. 26244
  39. 32
  40. 59895

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