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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 637 · 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 ₹45000 at 8% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹32750 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 ₹20000 at 4% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹15625 is invested at 12% per year compound interest for 3 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹5900 at 20% per year for 2 years (in ₹)?
  6. 6.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹12400 at 5% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
  9. 9.Find the amount when ₹38125 is invested at 8% per year compound interest for 2 years (in ₹).
  10. 10.Find the compound interest on ₹20000 at 4% per year for 2 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹7500 is invested at 20% per year compound interest for 3 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹10900 at 20% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹45625 at 4% per year for 2 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  16. 16.Find the amount when ₹29375 is invested at 8% per year compound interest for 2 years (in ₹).
  17. 17.Find the compound interest on ₹32000 at 15% per year for 3 years, added every year (in ₹).
  18. 18.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  19. 19.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹42300 at 10% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹48000 is invested at 5% per year compound interest for 3 years (in ₹).
  22. 22.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  23. 23.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹11125 at 20% per year for 3 years, added every year (in ₹).
  25. 25.Find the amount when ₹17600 is invested at 15% per year compound interest for 2 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹12500 at 10% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  28. 28.Find the compound interest on ₹15625 at 12% per year for 3 years, added every year (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹29200 at 25% per year for 2 years (in ₹)?
  30. 30.Find the amount when ₹50000 is invested at 4% per year compound interest for 2 years (in ₹).
  31. 31.Find the amount when ₹21250 is invested at 8% per year compound interest for 2 years (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹12400 at 25% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹18000 is invested at 10% per year compound interest for 3 years (in ₹).
  34. 34.Find the compound interest on ₹7500 at 20% per year for 3 years, added every year (in ₹).
  35. 35.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  36. 36.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  37. 37.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹38000 at 10% per year for 2 years (in ₹)?
  39. 39.Find the amount when ₹16300 is invested at 10% per year compound interest for 2 years (in ₹).
  40. 40.Find the compound interest on ₹40000 at 8% per year for 2 years, added every year (in ₹).

Answer key

  1. 288
  2. 56592
  3. 32
  4. 21952
  5. 236
  6. 18981
  7. 31
  8. 540
  9. 44469
  10. 1632
  11. 96
  12. 12960
  13. 436
  14. 3723
  15. 4058
  16. 34263
  17. 16668
  18. 24334
  19. 1951
  20. 423
  21. 55566
  22. 8116
  23. 12654
  24. 8099
  25. 23276
  26. 125
  27. 39366
  28. 6327
  29. 1825
  30. 54080
  31. 24786
  32. 775
  33. 23958
  34. 5460
  35. 19683
  36. 17576
  37. 37044
  38. 380
  39. 19723
  40. 6656

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