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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 674 · 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 ₹6700 at 20% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹2500 at 12% per year for 2 years (in ₹)?
  3. 3.Find the amount when ₹38150 is invested at 20% per year compound interest for 2 years (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
  5. 5.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  6. 6.Find the compound interest on ₹16000 at 15% per year for 3 years, added every year (in ₹).
  7. 7.What is the difference between the compound interest and the simple interest on ₹32400 at 10% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹14200 at 20% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹10000 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 ₹29200 at 10% per year for 2 years (in ₹)?
  12. 12.Find the amount when ₹27600 is invested at 5% per year compound interest for 2 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹20000 at 4% per year for 2 years (in ₹)?
  14. 14.Find the amount when ₹45800 is invested at 10% per year compound interest for 2 years (in ₹).
  15. 15.What is the difference between the compound interest and the simple interest on ₹45000 at 8% per year for 2 years (in ₹)?
  16. 16.Find the compound interest on ₹31250 at 4% per year for 3 years, added every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹32500 at 12% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹25375 is invested at 20% per year compound interest for 3 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹26000 at 25% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹15000 at 8% per year for 2 years, added every year (in ₹).
  21. 21.Find the compound interest on ₹32100 at 20% per year for 2 years, added every year (in ₹).
  22. 22.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹43200 at 20% per year for 2 years (in ₹)?
  24. 24.What is the difference between the compound interest and the simple interest on ₹14600 at 20% per year for 2 years (in ₹)?
  25. 25.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  26. 26.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹26900 at 20% per year for 2 years (in ₹)?
  28. 28.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  29. 29.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  30. 30.Find the amount when ₹23200 is invested at 15% per year compound interest 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.What is the difference between the compound interest and the simple interest on ₹32500 at 4% per year for 2 years (in ₹)?
  33. 33.Find the amount when ₹30375 is invested at 20% per year compound interest for 3 years (in ₹).
  34. 34.Find the compound interest on ₹19408 at 25% per year for 2 years, added every year (in ₹).
  35. 35.Find the compound interest on ₹39120 at 25% per year for 2 years, added every year (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹45200 at 25% per year for 2 years (in ₹)?
  37. 37.Find the amount when ₹40000 is invested at 25% per year compound interest for 3 years (in ₹).
  38. 38.Find the compound interest on ₹40000 at 15% per year for 3 years, added every year (in ₹).
  39. 39.Find the amount when ₹6625 is invested at 20% per year compound interest for 3 years (in ₹).
  40. 40.Find the amount when ₹10625 is invested at 8% per year compound interest for 2 years (in ₹).

Answer key

  1. 268
  2. 36
  3. 54936
  4. 60
  5. 3783
  6. 8334
  7. 324
  8. 64
  9. 568
  10. 3310
  11. 292
  12. 30429
  13. 32
  14. 55418
  15. 288
  16. 3902
  17. 468
  18. 43848
  19. 1625
  20. 2496
  21. 14124
  22. 46305
  23. 1728
  24. 584
  25. 12654
  26. 36501
  27. 1076
  28. 8116
  29. 2522
  30. 30682
  31. 35152
  32. 52
  33. 52488
  34. 10917
  35. 22005
  36. 2825
  37. 78125
  38. 20835
  39. 11448
  40. 12393

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