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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 68 · 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 ₹28000 at 5% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹1875 is invested at 12% per year compound interest for 2 years (in ₹).
  3. 3.Find the amount when ₹24000 is invested at 5% per year compound interest for 3 years (in ₹).
  4. 4.Find the amount when ₹21424 is invested at 25% per year compound interest for 2 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
  6. 6.What is the difference between the compound interest and the simple interest on ₹19200 at 5% per year for 2 years (in ₹)?
  7. 7.What is the difference between the compound interest and the simple interest on ₹44400 at 15% per year for 2 years (in ₹)?
  8. 8.What is the difference between the compound interest and the simple interest on ₹4500 at 20% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
  10. 10.What is the difference between the compound interest and the simple interest on ₹48000 at 15% per year for 2 years (in ₹)?
  11. 11.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  12. 12.What is the difference between the compound interest and the simple interest on ₹20100 at 20% per year for 2 years (in ₹)?
  13. 13.What is the difference between the compound interest and the simple interest on ₹48900 at 20% per year for 2 years (in ₹)?
  14. 14.Find the compound interest on ₹31000 at 20% per year for 2 years, added every year (in ₹).
  15. 15.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹7500 at 4% per year for 2 years (in ₹)?
  17. 17.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹15000 at 4% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  20. 20.Find the compound interest on ₹27200 at 5% per year for 2 years, added every year (in ₹).
  21. 21.Find the compound interest on ₹1625 at 20% per year for 3 years, added every year (in ₹).
  22. 22.Find the amount when ₹47300 is invested at 10% per year compound interest for 2 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹3600 at 15% per year for 2 years (in ₹)?
  24. 24.What is the difference between the compound interest and the simple interest on ₹3200 at 15% per year for 2 years (in ₹)?
  25. 25.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  26. 26.Find the compound interest on ₹23100 at 10% per year for 2 years, added every year (in ₹).
  27. 27.Find the amount when ₹34496 is invested at 25% per year compound interest for 3 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹17500 at 10% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹17200 at 5% per year for 2 years (in ₹)?
  30. 30.Find the amount when ₹8000 is invested at 15% per year compound interest for 3 years (in ₹).
  31. 31.Find the amount when ₹36250 is invested at 20% per year compound interest for 3 years (in ₹).
  32. 32.Find the amount when ₹7050 is invested at 20% per year compound interest for 2 years (in ₹).
  33. 33.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  34. 34.What is the difference between the compound interest and the simple interest on ₹37500 at 12% per year for 2 years (in ₹)?
  35. 35.Find the amount when ₹28750 is invested at 12% per year compound interest for 2 years (in ₹).
  36. 36.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  37. 37.Find the amount when ₹12000 is invested at 10% per year compound interest for 3 years (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹50000 at 12% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹36500 at 10% per year for 2 years (in ₹)?
  40. 40.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).

Answer key

  1. 70
  2. 2352
  3. 27783
  4. 33475
  5. 72
  6. 48
  7. 999
  8. 180
  9. 112
  10. 1080
  11. 1951
  12. 804
  13. 1956
  14. 13640
  15. 17576
  16. 12
  17. 60835
  18. 24
  19. 24334
  20. 2788
  21. 1183
  22. 57233
  23. 81
  24. 72
  25. 43904
  26. 4851
  27. 67375
  28. 175
  29. 43
  30. 12167
  31. 62640
  32. 10152
  33. 8116
  34. 540
  35. 36064
  36. 65856
  37. 15972
  38. 720
  39. 365
  40. 19683

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