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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 598 · 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 ₹5000 at 8% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹43125 is invested at 8% per year compound interest for 2 years (in ₹).
  3. 3.Find the compound interest on ₹41300 at 10% per year for 2 years, added every year (in ₹).
  4. 4.Find the amount when ₹47232 is invested at 25% per year compound interest for 3 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹6600 at 10% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹42875 at 20% per year for 2 years, added every year (in ₹).
  7. 7.Find the amount when ₹22500 is invested at 4% per year compound interest for 2 years (in ₹).
  8. 8.Find the compound interest on ₹36875 at 8% per year for 2 years, added every year (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹4800 at 15% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹12400 at 10% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹15200 at 25% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹43300 at 10% per year for 2 years, added every year (in ₹).
  14. 14.What is the difference between the compound interest and the simple interest on ₹10000 at 12% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  16. 16.What is the difference between the compound interest and the simple interest on ₹28400 at 15% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹12500 at 20% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹8000 at 25% per year for 2 years (in ₹)?
  19. 19.Find the compound interest on ₹3200 at 5% per year for 2 years, added every year (in ₹).
  20. 20.Find the compound interest on ₹10625 at 4% per year for 2 years, added every year (in ₹).
  21. 21.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹39500 at 10% per year for 2 years (in ₹)?
  23. 23.Find the compound interest on ₹7200 at 5% per year for 2 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹7000 at 10% per year for 3 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
  26. 26.What is the difference between the compound interest and the simple interest on ₹50000 at 12% per year for 2 years (in ₹)?
  27. 27.What is the difference between the compound interest and the simple interest on ₹25000 at 12% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹10000 at 12% per year for 2 years, added every year (in ₹).
  29. 29.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
  30. 30.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹32500 at 12% per year for 2 years (in ₹)?
  32. 32.Find the amount when ₹11875 is invested at 4% per year compound interest for 2 years (in ₹).
  33. 33.Find the amount when ₹1900 is invested at 10% per year compound interest for 2 years (in ₹).
  34. 34.Find the amount when ₹3750 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 ₹12400 at 5% per year for 2 years (in ₹)?
  36. 36.Find the compound interest on ₹38000 at 20% per year for 2 years, added every year (in ₹).
  37. 37.Find the compound interest on ₹45600 at 5% per year for 2 years, added every year (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹38800 at 5% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹300 at 10% per year for 2 years (in ₹)?
  40. 40.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?

Answer key

  1. 32
  2. 50301
  3. 8673
  4. 92250
  5. 66
  6. 18865
  7. 24336
  8. 6136
  9. 108
  10. 144
  11. 124
  12. 950
  13. 9093
  14. 144
  15. 12
  16. 639
  17. 500
  18. 500
  19. 328
  20. 867
  21. 12167
  22. 395
  23. 738
  24. 2317
  25. 52
  26. 720
  27. 360
  28. 2544
  29. 59049
  30. 8116
  31. 468
  32. 12844
  33. 2299
  34. 4056
  35. 31
  36. 16720
  37. 4674
  38. 97
  39. 3
  40. 224

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