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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 652 · 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 ₹7500 at 8% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹36240 at 25% per year for 2 years, added every year (in ₹).
  3. 3.Find the amount when ₹3600 is invested at 5% per year compound interest for 2 years (in ₹).
  4. 4.Find the compound interest on ₹8000 at 15% per year for 3 years, added every year (in ₹).
  5. 5.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  6. 6.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹46400 at 5% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹25600 at 25% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹625 at 8% per year for 2 years, added every year (in ₹).
  10. 10.Find the compound interest on ₹31000 at 10% per year for 3 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹4400 at 5% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹27968 is invested at 25% per year compound interest for 3 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 compound interest on ₹2500 at 8% per year for 2 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹23600 at 10% per year for 2 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹18900 at 20% per year for 2 years, added every year (in ₹).
  18. 18.Find the compound interest on ₹16875 at 8% per year for 2 years, added every year (in ₹).
  19. 19.Find the amount when ₹14000 is invested at 10% per year compound interest for 3 years (in ₹).
  20. 20.What is the difference between the compound interest and the simple interest on ₹9600 at 25% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  22. 22.Find the amount when ₹14400 is invested at 15% per year compound interest for 2 years (in ₹).
  23. 23.Find the compound interest on ₹40800 at 5% per year for 2 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹46875 at 4% per year for 3 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹4000 at 15% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹17500 at 12% per year for 2 years, added every year (in ₹).
  27. 27.Find the amount when ₹24800 is invested at 5% per year compound interest for 2 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹22800 at 15% per year for 2 years (in ₹)?
  29. 29.Find the compound interest on ₹24000 at 15% per year for 3 years, added every year (in ₹).
  30. 30.Find the compound interest on ₹37200 at 20% per year for 2 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹22500 at 4% per year for 2 years (in ₹)?
  32. 32.Find the amount when ₹6875 is invested at 4% per year compound interest for 2 years (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹50000 at 8% per year for 2 years (in ₹)?
  35. 35.Find the compound interest on ₹41875 at 4% per year for 2 years, added every year (in ₹).
  36. 36.Find the compound interest on ₹34500 at 10% per year for 2 years, added every year (in ₹).
  37. 37.Find the compound interest on ₹39600 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 ₹22800 at 5% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
  40. 40.Find the compound interest on ₹12000 at 5% per year for 2 years, added every year (in ₹).

Answer key

  1. 48
  2. 20385
  3. 3969
  4. 4167
  5. 20835
  6. 12174
  7. 116
  8. 1600
  9. 104
  10. 10261
  11. 11
  12. 54625
  13. 48668
  14. 416
  15. 4956
  16. 8116
  17. 8316
  18. 2808
  19. 18634
  20. 600
  21. 52728
  22. 19044
  23. 4182
  24. 5853
  25. 90
  26. 4452
  27. 27342
  28. 513
  29. 12501
  30. 16368
  31. 36
  32. 7436
  33. 72
  34. 320
  35. 3417
  36. 7245
  37. 4059
  38. 57
  39. 224
  40. 1230

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