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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 70 · 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 ₹10000 at 8% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹26325 is invested at 20% per year compound interest for 2 years (in ₹).
  3. 3.Find the amount when ₹23968 is invested at 25% per year compound interest for 2 years (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹19600 at 15% per year for 2 years (in ₹)?
  5. 5.Find the amount when ₹25975 is invested at 20% per year compound interest for 2 years (in ₹).
  6. 6.Find the compound interest on ₹31250 at 8% per year for 3 years, added every year (in ₹).
  7. 7.Find the amount when ₹9900 is invested at 10% per year compound interest for 2 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹42500 at 4% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹35000 at 8% per year for 2 years (in ₹)?
  10. 10.Find the amount when ₹43000 is invested at 20% per year compound interest for 3 years (in ₹).
  11. 11.Find the compound interest on ₹10000 at 8% per year for 2 years, added every year (in ₹).
  12. 12.Find the amount when ₹5125 is invested at 20% per year compound interest for 3 years (in ₹).
  13. 13.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  14. 14.Find the amount when ₹42800 is invested at 5% per year compound interest for 2 years (in ₹).
  15. 15.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹37900 at 10% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹23300 at 20% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹13125 is invested at 12% per year compound interest for 2 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹31250 is invested at 8% per year compound interest for 3 years (in ₹).
  21. 21.Find the amount when ₹41100 is invested at 10% per year compound interest for 2 years (in ₹).
  22. 22.Find the amount when ₹9040 is invested at 25% per year compound interest for 2 years (in ₹).
  23. 23.Find the amount when ₹32000 is invested at 15% per year compound interest for 3 years (in ₹).
  24. 24.Find the amount when ₹31250 is invested at 12% per year compound interest for 3 years (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹23600 at 20% per year for 2 years (in ₹)?
  26. 26.Find the amount when ₹7600 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 ₹17500 at 12% per year for 2 years (in ₹)?
  28. 28.Find the amount when ₹32000 is invested at 5% per year compound interest for 3 years (in ₹).
  29. 29.What is the difference between the compound interest and the simple interest on ₹30000 at 4% per year for 2 years (in ₹)?
  30. 30.What is the difference between the compound interest and the simple interest on ₹48300 at 20% per year for 2 years (in ₹)?
  31. 31.Find the amount when ₹46875 is invested at 8% per year compound interest for 3 years (in ₹).
  32. 32.Find the amount when ₹18000 is invested at 10% per year compound interest for 2 years (in ₹).
  33. 33.Find the amount when ₹4800 is invested at 5% per year compound interest for 2 years (in ₹).
  34. 34.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  35. 35.Find the amount when ₹15625 is invested at 4% per year compound interest for 3 years (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  37. 37.Find the compound interest on ₹42500 at 8% per year for 2 years, added every year (in ₹).
  38. 38.Find the amount when ₹43008 is invested at 25% per year compound interest for 3 years (in ₹).
  39. 39.Find the amount when ₹25000 is invested at 12% per year compound interest for 2 years (in ₹).
  40. 40.Find the compound interest on ₹21475 at 20% per year for 2 years, added every year (in ₹).

Answer key

  1. 64
  2. 37908
  3. 37450
  4. 441
  5. 37404
  6. 8116
  7. 11979
  8. 68
  9. 224
  10. 74304
  11. 1664
  12. 8856
  13. 5044
  14. 47187
  15. 18981
  16. 379
  17. 932
  18. 16464
  19. 72
  20. 39366
  21. 49731
  22. 14125
  23. 48668
  24. 43904
  25. 944
  26. 10051
  27. 252
  28. 37044
  29. 48
  30. 1932
  31. 59049
  32. 21780
  33. 5292
  34. 65856
  35. 17576
  36. 80
  37. 7072
  38. 84000
  39. 31360
  40. 9449

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