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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 601 · 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 ₹41000 at 10% per year for 3 years, added every year (in ₹).
  2. 2.Find the amount when ₹17425 is invested at 20% per year compound interest for 2 years (in ₹).
  3. 3.Find the amount when ₹24950 is invested at 20% per year compound interest for 2 years (in ₹).
  4. 4.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  5. 5.Find the amount when ₹15000 is invested at 4% per year compound interest for 2 years (in ₹).
  6. 6.Find the amount when ₹31250 is invested at 4% per year compound interest for 2 years (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹32500 at 8% per year for 2 years (in ₹)?
  8. 8.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  9. 9.What is the difference between the compound interest and the simple interest on ₹10000 at 4% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹35000 at 4% per year for 2 years (in ₹)?
  11. 11.What is the difference between the compound interest and the simple interest on ₹45000 at 12% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹30000 at 12% per year for 2 years (in ₹)?
  13. 13.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
  14. 14.Find the amount when ₹19000 is invested at 10% per year compound interest for 2 years (in ₹).
  15. 15.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹10304 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 ₹7500 at 4% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹10700 at 10% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹41250 is invested at 4% per year compound interest for 2 years (in ₹).
  20. 20.Find the amount when ₹15000 is invested at 10% per year compound interest for 2 years (in ₹).
  21. 21.Find the amount when ₹18000 is invested at 10% per year compound interest for 2 years (in ₹).
  22. 22.Find the amount when ₹28125 is invested at 12% per year compound interest for 2 years (in ₹).
  23. 23.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹2944 at 25% per year for 2 years, added every year (in ₹).
  25. 25.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  26. 26.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  27. 27.Find the amount when ₹45625 is invested at 4% per year compound interest for 2 years (in ₹).
  28. 28.Find the compound interest on ₹3648 at 25% per year for 3 years, added every year (in ₹).
  29. 29.Find the amount when ₹36250 is invested at 12% per year compound interest for 2 years (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  32. 32.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  33. 33.Find the amount when ₹1875 is invested at 4% per year compound interest for 2 years (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹16800 at 10% per year for 2 years (in ₹)?
  35. 35.Find the amount when ₹16400 is invested at 10% per year compound interest for 2 years (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹44000 at 25% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹800 is invested at 15% per year compound interest for 2 years (in ₹).
  38. 38.Find the amount when ₹9200 is invested at 15% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹3600 is invested at 5% per year compound interest for 2 years (in ₹).
  40. 40.Find the compound interest on ₹7200 at 5% per year for 2 years, added every year (in ₹).

Answer key

  1. 13571
  2. 25092
  3. 35928
  4. 1951
  5. 16224
  6. 33800
  7. 208
  8. 43904
  9. 16
  10. 56
  11. 648
  12. 432
  13. 48668
  14. 22990
  15. 18981
  16. 9821
  17. 12
  18. 107
  19. 44616
  20. 18150
  21. 21780
  22. 35280
  23. 12501
  24. 1656
  25. 19683
  26. 4058
  27. 49348
  28. 3477
  29. 45472
  30. 80
  31. 35152
  32. 7566
  33. 2028
  34. 168
  35. 19844
  36. 2750
  37. 1058
  38. 12167
  39. 3969
  40. 738

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