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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 706 · 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 ₹35000 at 8% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹7800 at 20% per year for 2 years (in ₹)?
  3. 3.Find the amount when ₹13600 is invested at 5% per year compound interest for 2 years (in ₹).
  4. 4.Find the compound interest on ₹13600 at 5% per year for 2 years, added every year (in ₹).
  5. 5.Find the compound interest on ₹48000 at 15% per year for 3 years, added every year (in ₹).
  6. 6.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  7. 7.Find the amount when ₹4304 is invested at 25% per year compound interest for 2 years (in ₹).
  8. 8.Find the compound interest on ₹42300 at 10% per year for 2 years, added every year (in ₹).
  9. 9.Find the compound interest on ₹47000 at 10% per year for 3 years, added every year (in ₹).
  10. 10.Find the amount when ₹40000 is invested at 15% per year compound interest for 3 years (in ₹).
  11. 11.Find the amount when ₹20000 is invested at 8% per year compound interest for 2 years (in ₹).
  12. 12.Find the compound interest on ₹15625 at 8% per year for 3 years, added every year (in ₹).
  13. 13.Find the compound interest on ₹6400 at 15% per year for 2 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹3125 at 8% per year for 2 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹18750 at 8% per year for 2 years, added every year (in ₹).
  16. 16.What is the difference between the compound interest and the simple interest on ₹28800 at 20% per year for 2 years (in ₹)?
  17. 17.What is the difference between the compound interest and the simple interest on ₹47600 at 15% per year for 2 years (in ₹)?
  18. 18.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  19. 19.What is the difference between the compound interest and the simple interest on ₹39500 at 20% per year for 2 years (in ₹)?
  20. 20.Find the compound interest on ₹6375 at 20% per year for 2 years, added every year (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹41200 at 25% per year for 2 years (in ₹)?
  22. 22.What is the difference between the compound interest and the simple interest on ₹44800 at 25% per year for 2 years (in ₹)?
  23. 23.Find the amount when ₹4000 is invested at 10% per year compound interest for 3 years (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹40000 at 8% per year for 2 years (in ₹)?
  25. 25.What is the difference between the compound interest and the simple interest on ₹7600 at 10% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹19600 at 5% per year for 2 years, added every year (in ₹).
  27. 27.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹20800 at 5% per year for 2 years (in ₹)?
  29. 29.Find the amount when ₹8000 is invested at 10% per year compound interest for 3 years (in ₹).
  30. 30.Find the compound interest on ₹28576 at 25% per year for 2 years, added every year (in ₹).
  31. 31.Find the amount when ₹46875 is invested at 12% per year compound interest for 3 years (in ₹).
  32. 32.Find the amount when ₹39375 is invested at 4% per year compound interest for 2 years (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹34800 at 20% per year for 2 years (in ₹)?
  34. 34.Find the amount when ₹6250 is invested at 12% per year compound interest for 2 years (in ₹).
  35. 35.Find the compound interest on ₹16400 at 15% per year for 2 years, added every year (in ₹).
  36. 36.Find the amount when ₹30000 is invested at 12% per year compound interest for 2 years (in ₹).
  37. 37.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  38. 38.Find the compound interest on ₹37625 at 20% per year for 3 years, added every year (in ₹).
  39. 39.Find the compound interest on ₹46250 at 4% per year for 2 years, added every year (in ₹).
  40. 40.What is the difference between the compound interest and the simple interest on ₹37500 at 4% per year for 2 years (in ₹)?

Answer key

  1. 224
  2. 312
  3. 14994
  4. 1394
  5. 25002
  6. 35152
  7. 6725
  8. 8883
  9. 15557
  10. 60835
  11. 23328
  12. 4058
  13. 2064
  14. 520
  15. 3120
  16. 1152
  17. 1071
  18. 52728
  19. 1580
  20. 2805
  21. 2575
  22. 2800
  23. 5324
  24. 256
  25. 76
  26. 2009
  27. 2522
  28. 52
  29. 10648
  30. 16074
  31. 65856
  32. 42588
  33. 1392
  34. 7840
  35. 5289
  36. 37632
  37. 46305
  38. 27391
  39. 3774
  40. 60

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