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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 711 · 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.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  2. 2.What is the difference between the compound interest and the simple interest on ₹20800 at 5% per year for 2 years (in ₹)?
  3. 3.Find the compound interest on ₹8875 at 20% per year for 2 years, added every year (in ₹).
  4. 4.Find the compound interest on ₹32000 at 5% per year for 3 years, added every year (in ₹).
  5. 5.Find the amount when ₹40000 is invested at 5% per year compound interest for 3 years (in ₹).
  6. 6.Find the compound interest on ₹20240 at 25% per year for 2 years, added every year (in ₹).
  7. 7.Find the compound interest on ₹16000 at 5% per year for 2 years, added every year (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹18400 at 5% per year for 2 years (in ₹)?
  9. 9.What is the difference between the compound interest and the simple interest on ₹22400 at 5% per year for 2 years (in ₹)?
  10. 10.Find the compound interest on ₹15625 at 4% per year for 3 years, added every year (in ₹).
  11. 11.What is the difference between the compound interest and the simple interest on ₹5000 at 12% per year for 2 years (in ₹)?
  12. 12.What is the difference between the compound interest and the simple interest on ₹10000 at 5% per year for 2 years (in ₹)?
  13. 13.Find the compound interest on ₹46875 at 12% per year for 3 years, added every year (in ₹).
  14. 14.Find the amount when ₹8000 is invested at 5% per year compound interest for 3 years (in ₹).
  15. 15.Find the amount when ₹49375 is invested at 4% per year compound interest for 2 years (in ₹).
  16. 16.Find the compound interest on ₹31250 at 12% per year for 3 years, added every year (in ₹).
  17. 17.Find the compound interest on ₹21125 at 20% per year for 2 years, added every year (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹5500 at 20% per year for 2 years (in ₹)?
  19. 19.What is the difference between the compound interest and the simple interest on ₹7800 at 20% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹16000 is invested at 15% per year compound interest for 3 years (in ₹).
  21. 21.What is the difference between the compound interest and the simple interest on ₹17200 at 25% per year for 2 years (in ₹)?
  22. 22.Find the amount when ₹46875 is invested at 4% per year compound interest for 3 years (in ₹).
  23. 23.What is the difference between the compound interest and the simple interest on ₹38000 at 15% per year for 2 years (in ₹)?
  24. 24.Find the compound interest on ₹40000 at 4% per year for 2 years, added every year (in ₹).
  25. 25.What is the difference between the compound interest and the simple interest on ₹47600 at 15% per year for 2 years (in ₹)?
  26. 26.Find the compound interest on ₹35200 at 5% per year for 2 years, added every year (in ₹).
  27. 27.What is the difference between the compound interest and the simple interest on ₹42500 at 8% per year for 2 years (in ₹)?
  28. 28.What is the difference between the compound interest and the simple interest on ₹200 at 20% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹5600 at 15% per year for 2 years (in ₹)?
  30. 30.Find the compound interest on ₹24000 at 5% per year for 3 years, added every year (in ₹).
  31. 31.Find the amount when ₹15300 is invested at 10% per year compound interest for 2 years (in ₹).
  32. 32.Find the amount when ₹13000 is invested at 10% per year compound interest for 3 years (in ₹).
  33. 33.What is the difference between the compound interest and the simple interest on ₹7500 at 8% per year for 2 years (in ₹)?
  34. 34.Find the amount when ₹28125 is invested at 8% per year compound interest for 2 years (in ₹).
  35. 35.Find the amount when ₹33408 is invested at 25% per year compound interest for 2 years (in ₹).
  36. 36.What is the difference between the compound interest and the simple interest on ₹48200 at 10% per year for 2 years (in ₹)?
  37. 37.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  38. 38.Find the amount when ₹29600 is invested at 5% per year compound interest for 2 years (in ₹).
  39. 39.Find the amount when ₹41000 is invested at 10% per year compound interest for 3 years (in ₹).
  40. 40.Find the amount when ₹7200 is invested at 10% per year compound interest for 2 years (in ₹).

Answer key

  1. 19683
  2. 52
  3. 3905
  4. 5044
  5. 46305
  6. 11385
  7. 1640
  8. 46
  9. 56
  10. 1951
  11. 72
  12. 25
  13. 18981
  14. 9261
  15. 53404
  16. 12654
  17. 9295
  18. 220
  19. 312
  20. 24334
  21. 1075
  22. 52728
  23. 855
  24. 3264
  25. 1071
  26. 3608
  27. 272
  28. 8
  29. 126
  30. 3783
  31. 18513
  32. 17303
  33. 48
  34. 32805
  35. 52200
  36. 482
  37. 2522
  38. 32634
  39. 54571
  40. 8712

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