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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 705 · 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 ₹47500 at 4% per year for 2 years (in ₹)?
  2. 2.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  3. 3.Find the compound interest on ₹11000 at 10% per year for 2 years, added every year (in ₹).
  4. 4.What is the difference between the compound interest and the simple interest on ₹13200 at 10% per year for 2 years (in ₹)?
  5. 5.Find the amount when ₹38000 is invested at 10% per year compound interest for 3 years (in ₹).
  6. 6.Find the compound interest on ₹30625 at 4% per year for 2 years, added every year (in ₹).
  7. 7.Find the compound interest on ₹24250 at 20% per year for 3 years, added every year (in ₹).
  8. 8.Find the compound interest on ₹21120 at 25% per year for 3 years, added every year (in ₹).
  9. 9.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹20000 at 12% per year for 2 years (in ₹)?
  11. 11.Find the amount when ₹10000 is invested at 10% per year compound interest for 3 years (in ₹).
  12. 12.Find the amount when ₹48000 is invested at 15% per year compound interest for 3 years (in ₹).
  13. 13.What is the difference between the compound interest and the simple interest on ₹37200 at 5% per year for 2 years (in ₹)?
  14. 14.What is the difference between the compound interest and the simple interest on ₹24000 at 15% per year for 2 years (in ₹)?
  15. 15.What is the difference between the compound interest and the simple interest on ₹26800 at 5% per year for 2 years (in ₹)?
  16. 16.Find the compound interest on ₹21350 at 20% per year for 2 years, added every year (in ₹).
  17. 17.What is the difference between the compound interest and the simple interest on ₹9600 at 25% per year for 2 years (in ₹)?
  18. 18.What is the difference between the compound interest and the simple interest on ₹48800 at 25% per year for 2 years (in ₹)?
  19. 19.Find the amount when ₹16000 is invested at 5% per year compound interest for 3 years (in ₹).
  20. 20.Find the amount when ₹3400 is invested at 10% per year compound interest for 2 years (in ₹).
  21. 21.Find the compound interest on ₹42500 at 4% per year for 2 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹20800 at 15% per year for 2 years (in ₹)?
  23. 23.What is the difference between the compound interest and the simple interest on ₹24600 at 10% per year for 2 years (in ₹)?
  24. 24.Find the amount when ₹24976 is invested at 25% per year compound interest for 2 years (in ₹).
  25. 25.Find the amount when ₹27800 is invested at 10% per year compound interest for 2 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹35600 at 25% per year for 2 years (in ₹)?
  27. 27.Find the amount when ₹5375 is invested at 20% per year compound interest for 3 years (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹22900 at 10% per year for 2 years (in ₹)?
  29. 29.Find the amount when ₹16560 is invested at 25% per year compound interest for 2 years (in ₹).
  30. 30.What is the difference between the compound interest and the simple interest on ₹9600 at 15% per year for 2 years (in ₹)?
  31. 31.Find the compound interest on ₹48125 at 12% per year for 2 years, added every year (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹44800 at 15% per year for 2 years (in ₹)?
  33. 33.What is the difference between the compound interest and the simple interest on ₹19200 at 25% per year for 2 years (in ₹)?
  34. 34.Find the amount when ₹40000 is invested at 15% per year compound interest for 2 years (in ₹).
  35. 35.What is the difference between the compound interest and the simple interest on ₹12500 at 4% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹26250 is invested at 8% per year compound interest for 2 years (in ₹).
  37. 37.Find the amount when ₹12000 is invested at 5% per year compound interest for 2 years (in ₹).
  38. 38.What is the difference between the compound interest and the simple interest on ₹14400 at 10% per year for 2 years (in ₹)?
  39. 39.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?
  40. 40.What is the difference between the compound interest and the simple interest on ₹35200 at 25% per year for 2 years (in ₹)?

Answer key

  1. 76
  2. 9261
  3. 2310
  4. 132
  5. 50578
  6. 2499
  7. 17654
  8. 20130
  9. 1951
  10. 288
  11. 13310
  12. 73002
  13. 93
  14. 540
  15. 67
  16. 9394
  17. 600
  18. 3050
  19. 18522
  20. 4114
  21. 3468
  22. 468
  23. 246
  24. 39025
  25. 33638
  26. 2225
  27. 9288
  28. 229
  29. 25875
  30. 216
  31. 12243
  32. 1008
  33. 1200
  34. 52900
  35. 20
  36. 30618
  37. 13230
  38. 144
  39. 60
  40. 2200

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