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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 657 · 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 ₹4800 at 5% per year for 2 years (in ₹)?
  2. 2.Find the compound interest on ₹13800 at 10% per year for 2 years, added every year (in ₹).
  3. 3.Find the compound interest on ₹7600 at 25% per year for 2 years, added every year (in ₹).
  4. 4.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  5. 5.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  6. 6.Find the compound interest on ₹4375 at 4% per year for 2 years, added every year (in ₹).
  7. 7.Find the amount when ₹32000 is invested at 20% per year compound interest for 2 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹22500 at 4% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹24800 at 5% per year for 2 years, added every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹4600 at 10% per year for 2 years (in ₹)?
  11. 11.Find the compound interest on ₹25800 at 10% per year for 2 years, added every year (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹19200 at 5% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹40100 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 ₹5000 at 4% per year for 2 years (in ₹)?
  15. 15.Find the compound interest on ₹48000 at 5% per year for 3 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹46250 at 12% per year for 2 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹22000 at 10% per year for 3 years, added every year (in ₹).
  18. 18.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
  20. 20.What is the difference between the compound interest and the simple interest on ₹32400 at 5% per year for 2 years (in ₹)?
  21. 21.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  22. 22.Find the amount when ₹19375 is invested at 12% per year compound interest for 2 years (in ₹).
  23. 23.Find the compound interest on ₹29375 at 8% per year for 2 years, added every year (in ₹).
  24. 24.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  25. 25.Find the amount when ₹6000 is invested at 5% per year compound interest for 2 years (in ₹).
  26. 26.Find the amount when ₹33600 is invested at 15% per year compound interest for 2 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹11600 at 5% per year for 2 years (in ₹)?
  28. 28.What is the difference between the compound interest and the simple interest on ₹32000 at 5% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹20288 at 25% per year for 2 years, added every year (in ₹).
  31. 31.What is the difference between the compound interest and the simple interest on ₹39400 at 10% per year for 2 years (in ₹)?
  32. 32.Find the amount when ₹12000 is invested at 5% per year compound interest for 2 years (in ₹).
  33. 33.Find the compound interest on ₹40625 at 8% per year for 2 years, added every year (in ₹).
  34. 34.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  35. 35.Find the compound interest on ₹12500 at 12% per year for 2 years, added every year (in ₹).
  36. 36.Find the amount when ₹33472 is invested at 25% per year compound interest for 2 years (in ₹).
  37. 37.Find the compound interest on ₹13000 at 10% per year for 3 years, added every year (in ₹).
  38. 38.Find the amount when ₹46250 is invested at 12% per year compound interest for 2 years (in ₹).
  39. 39.Find the compound interest on ₹19500 at 20% per year for 3 years, added every year (in ₹).
  40. 40.Find the compound interest on ₹23125 at 8% per year for 2 years, added every year (in ₹).

Answer key

  1. 12
  2. 2898
  3. 4275
  4. 8116
  5. 4058
  6. 357
  7. 46080
  8. 36
  9. 2542
  10. 46
  11. 5418
  12. 48
  13. 8421
  14. 8
  15. 7566
  16. 11766
  17. 7282
  18. 39366
  19. 32
  20. 81
  21. 19683
  22. 24304
  23. 4888
  24. 3783
  25. 6615
  26. 44436
  27. 29
  28. 80
  29. 60
  30. 11412
  31. 394
  32. 13230
  33. 6760
  34. 17576
  35. 3180
  36. 52300
  37. 4303
  38. 58016
  39. 14196
  40. 3848

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